Brevan Howard Master Fund Up 3.3% In April; Gains in US, European Rates

Brevan Howard Master Fund packed a gain of 3.27 percent in April, doubling its year to date gains to 6.63 percent. April recorded the macro fund's largest gain in four months. The Master fund booked gains on macro equity trading and European interest rates while incurring minor losses in volatility trading and U.S. interest rates. Brevan Howard had a particularly good run in April, where several funds posted a sizeable return. BH Global Limited (LON:BHGG), the fund feeder, experienced a 1.6 percent increase in NAV in April.