Brevan Howard profits slump as hedge fund misses out on macro trading boom
Profits available to be shared by partners fell by a fifth to £61mn for year to March 2025
Related reading
Brevan Howard’s crypto fund slumped 30% in 2025 amid bitcoin rout
Hedge fund manager’s digital asset strategy stung by ‘terrible year’ for cryptocurrencies
Brevan Howard secures equity investment from Abu Dhabi’s Lunate
Gulf investor commits $2bn for funds to be set up with Alan Howard’s hedge fund firm in UAE
Market upheavals drive biggest gains since 2008 for macro hedge funds
Swings in the dollar, gold and government debt have been fertile territory for funds such as Kirkoswald, Rokos and Caxton
Traders at top hedge funds take home 25% of profits
Highest-paying firms increase payouts as the sector’s fortunes reverse, Goldman Sachs report shows
Blackstone pulls in $69bn despite slump in private capital returns
Asset manager drew investors even as performance in private credit and buyout units suffered
HSBC profits fall on higher credit charges
First-quarter income dips to $9.4bn, missing analyst expectations