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Brevan Howard’s June Gains Do Little to Stem YTD Losses

The BH Macro fund, which invests substantially all of its assets in the $40 billion London-based firm’s flagship fund, is in danger of posting its first-ever annual loss.

The BH Macro fund, managed by London-based hedge fund firm Brevan Howard Asset Management, gained about 1 percent in the first two weeks of June alone. But the fund, which invests substantially all of its assets in the Brevan Howard Master Fund, is still down by 2.82 percent for the

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