Brevan Howard Reduces Risk Amid Market Volatility

According to PANews, Brevan Howard Asset Management, a prominent U.S. macro hedge fund, is significantly reducing the risk exposure of its traders following a decline in performance and the evaporation of last year's gains. Informed sources indicate that CEO Aron Landy has implemented defensive measures in response to increased market volatility and turmoil, including lowering risk limits for some traders. An investor letter reveals that Brevan Howard's flagship Master Fund fell by 1% in the first week of March, extending its year-to-date loss to 5.4%, compared to a 5.1% gain last year. Another major fund, Alpha Strategies, declined by 0.8% during the same period but has risen 1.5% this year. Since its inception in 2003, the flagship fund has only experienced an annual loss exceeding 5% once. In recent weeks, global market volatility has intensified amid conflicts between U.S. President Donald Trump's administration and global trade partners, raising investor concerns over issues ranging from tariffs on Canadian goods to increased defense spending in Europe. This turbulence has also affected other hedge fund giants such as Citadel, Millennium Management, and DE Shaw & Co.