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Brevan Howard Plots Comeback as Fed Seen Spurring Volatility

  • Hedge fund sees Fed raising interest rates on Dec. 16
  • Says trading strategy may thrive amid policy divergence
Views Of La Defense Business District As Interest From Real Estate Investors Grows
Photographer: Christophe Morin/Bloomberg
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Brevan Howard Asset Management, the investment firm hurt over the past two years by slumping returns and shrinking assets, says a comeback is at hand.

Europe’s biggest macro hedge fund is counting on a Federal Reserve interest-rate increase to set off the type of market turbulence that presents trading opportunities, the kind that have been absent as policy makers kept borrowing costs near zero.