Alan Howard's Brevan Howard Asset Management Has Record Year

Alan Howard, Brevan Howard Asset Management’s founder, has seen his hedge fund company have a very successful year.

Assets at the company have risen by 18 percent since the end of 2011, taking the assets managed by the firm to a total o f$40 billion.

The increase is due to gains made through investment, as well as input from clients.

The company is one of the biggest in the world, and its Master Fund is worth a record $28 billion. The Master Fund has never had a bad year, a fact that makes it one of the most desirable funds for investors. The fund has risen by 6 percent this year already, and since 2007 it has produced more than 5 percent annually. In 2012, it made 14.1 percent.

The boost to the hedge fund comes at a time when the industry has been taking serious hits, making its achievements even more astounding. Hedge funds have, on average, gained only 6.4 percent in 2012.

Brevan Howard Asset Management has gained a reputation for very stringent asset control management, with risk taking being taken with both caution and precision. It classifies itself as a “global alternative asset manager”, taking care of “significant institutional assets across a number of diversified strategies.” The company has several offices across the world,  in London, St Helier, Geneva, New York, Hong Kong, Tel Aviv and Washington.

This year in February, Forbes named Brevan Howard Asset Management as one of the top 40 highest earning hedge fund managers in the world.

The company’s success has led to Alan Howard being named the top earning hedge fund manager of 2013 by the Sunday Times Rich List, published in March 2013. His wealth has been estimated at £1500 million, up £100 million dollars from 2012’s Rich List records.