Brevan Howard up 2.3% In July, Co-Founder Rokos To Leave Fund

Brevan Howard Global Limited's, Europe’s second largest hedge fund company, flagship hedge fund, Brevan Howard Master Limited, is up 2.31% for July according to a letter obtained by ValueWalk. This is a stark contrast to the 2.2% loss in June. Year to date, the fund is down 3.6%. Assets under management now total approximately $37 billion.

The fund announces that Partner Chris Rokos will be exiting the company 'to pursue his personal interests.'  Rokos helped cofound the fund nine years ago. The company does not state what Rokos will be doing next.

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