Brevan Howard Plans Greek Funds as Bond Rally Signals Revival
- Two money pools will target Greek properties and listed stocks
- Yield on 10-year note falls to pre-bailout program level
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Brevan Howard Asset Management is readying two funds focused on Greece, betting on a recovery in an economy shattered by almost a decade of crisis.
The hedge fund’s products, investing in property and publicly traded stocks, will be managed by Brevan Howard founding partner Trifon Natsis, the company said. The firm is already halfway to its goal of raising about $500 million for the two funds, whose investors will include Natsis and billionaire founder Alan Howard.