Brevan Howard Asia Fund Said to Post Best Returns in 5 Years
- Fund gained almost 1.3% in October rout; is up 6.2% this year
- Assets have halved as star-trader Bathwal raises new Asia fund
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The Brevan Howard Asia Fund bucked a difficult October for macro funds, and is posting its best return in five years, according to a person with knowledge of the matter.
The $877 million fund gained almost 1.3 percent last month, to be up 6.2 percent for the year, said the person, who spoke on the condition they not be identified. That’s the 14-year-old fund’s best return for the 10-month period since 2013.