Difference between revisions of "Brevan Howard"

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*[[Jean-Philippe Blochet]] - co-founder, left in November 2009 to join [[Louis Bacon]]'s [[Moore Capital]], then leaving to focus on philanthropy.
 
*[[Jean-Philippe Blochet]] - co-founder, left in November 2009 to join [[Louis Bacon]]'s [[Moore Capital]], then leaving to focus on philanthropy.
 
*[[Christopher Rokos]]  - co-founder
 
*[[Christopher Rokos]]  - co-founder
*[[James Vernon]]  - co-founder and chief operating officer who left in July 2011. The FT reported industry insiders as describing this as a huge loss to the firm, because "As chief operating officer, Mr Vernon has been instrumental in Brevan Howard’s success." <ref> Katya Wachtel, [http://articles.businessinsider.com/2011-07-23/wall_street/30026557_1_brevan-howard-founders-firm#ixzz1ibRZrkKR Huge Loss For $32 Billion Hedge Fund Brevan Howard As Founder And COO Quits The Firm], July 23, 2011 acc 5 Jan 2012 </ref>
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*[[James Vernon]]  - co-founder and chief operating officer who left in July 2011. The FT reported industry insiders as describing this as a huge loss to the firm, because "As chief operating officer, Mr Vernon has been instrumental in Brevan Howard’s success." In 2009 In 2009, Vernon was reported as saying that "the proposed EU directive on hedge-fund regulation would make it "impossible" for it to do business in the UK." <ref> Katya Wachtel, [http://articles.businessinsider.com/2011-07-23/wall_street/30026557_1_brevan-howard-founders-firm#ixzz1ibRZrkKR Huge Loss For $32 Billion Hedge Fund Brevan Howard As Founder And COO Quits The Firm], July 23, 2011 acc 5 Jan 2012 </ref>
 
*[[Trifon Natsis]]  - co-founder
 
*[[Trifon Natsis]]  - co-founder
  

Revision as of 16:41, 5 January 2012

Brevan Howard is the world’s largest macro hedge fund. In August 2011 it made close to $1.5bn over three weeks on the back of turmoil in the global markets.

Activities

According to the Financial Times, 'so-called global macro funds such as Brevan aim to profit from shifts in the world economy by trading in bonds, currencies, rates and equities'.

Brevan is widely regarded as one of the most influential bond-trading firms in the world, thanks to both its size and the frequency with which it trades. However, it is a notoriously publicity-shy company.
The firm’s principal founding partner, Alan Howard, a former top Credit Suisse trader, oversees as much as a third of the master fund’s $24bn portfolio by himself from the firm’s recently opened Geneva office.

Of the £1.5billion August 2011 windfall the FT commented that:

In a month in which equity markets worldwide have seen declines of more than 10 per cent, the gain comes as a vindication for the $32bn London-based fund manager, which for more than a year – like many of its peers – has struggled to make headway in volatile conditions. [1]

Affiliations

People

  • Alan Howard - co-founder
  • Jean-Philippe Blochet - co-founder, left in November 2009 to join Louis Bacon's Moore Capital, then leaving to focus on philanthropy.
  • Christopher Rokos - co-founder
  • James Vernon - co-founder and chief operating officer who left in July 2011. The FT reported industry insiders as describing this as a huge loss to the firm, because "As chief operating officer, Mr Vernon has been instrumental in Brevan Howard’s success." In 2009 In 2009, Vernon was reported as saying that "the proposed EU directive on hedge-fund regulation would make it "impossible" for it to do business in the UK." [2]
  • Trifon Natsis - co-founder

Clients

History

The “Brevan” in the name of fund derives from the first letter of the last names of Mr. Blochet, Mr. Rokos, Mr. Vernon and Natsis, according to Bloomberg News.

Contact

Address:
Phone:
Email:
Website:

Notes

  1. Sam Jones, Brevan Howard capitalises on turmoil, Financial Times, 25 August 2011, acc 15.12.2011
  2. Katya Wachtel, Huge Loss For $32 Billion Hedge Fund Brevan Howard As Founder And COO Quits The Firm, July 23, 2011 acc 5 Jan 2012