Brevan Howard's Partner Profits Plunge 20%

Profits shared among the partners at Brevan Howard Asset Management fell sharply last year, even as many rival hedge funds capitalized on volatile global markets. The firm's distributable profit dropped by a fifth to £61 million for the year ending March 2025. This decline occurred during a period of strong performance for the "macro" trading sector, where investors bet on global economic trends. Brevan Howard, one of Europe's largest hedge funds, is known for this type of trading. The profit slump suggests it missed key opportunities that boosted competitors. The firm manages approximately $40 billion in assets. It has not publicly commented on the specific reasons behind the profit drop.