Brevan Howard Losses Mount As Fund Looks To Housing For Relief

After generating paltry returns near 1% in 2013, the Brevan Howard Multi-Strategy fund has given back all of the gains in the first two months of 2014, down just over 1% as of February.

Brevan Howard Multi-Strategy fund invests across firm strategies

The Multi-Strategy fund invests in seven of Brevan Howard’s various strategies, with the larges allocation going to the Master Fund (48.3%) while the second largest fund allocation provides exposure to the Credit Catalysts fund (16%) followed by the Systematic Trading fund at (8%).  The fund also maintains a direct investment and treasury allocation (13.7%).

The biggest winners in the portfolio on the month...