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- A billionaire investor has scored a 100% return this year for the hedge fund he personally runs, Bloomberg reported.
- Alan Howard, who cofounded Brevan Howard, delivered most of the increase in his AH Master Fund in March, when the coronavirus outbreak tanked global markets, sources told Bloomberg.
- It's unclear how Howard doubled his investors' money, but Brevan Howard's main fund gained 24% in the year to May 15 by betting on interest rates, currencies, and fixed-income markets, Financial News reported.
- Visit Business Insider's homepage for more stories.
Billionaire investor Alan Howard has racked up a 100% return this year for the hedge fund he personally runs, according to Bloomberg.
The cofounder of asset-management giant Brevan Howard scored most of the gain in his AH Master Fund in March, when the coronavirus pandemic ravaged world markets, people with knowledge of the matter told Bloomberg.
See the rest of the story at Business Insider
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from Business Insider https://ift.tt/2ZSmzgN
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