Brevan Howard advances in profitable year for macro

Brevan Howard’s London office is on Baker Street, but its largest risk-taking hub is now Abu Dhabi. Photo by Felix Hanspach on Unsplash

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Brevan Howard’s Master Fund gained 5.3% in 2024, a profitable year for global macro ahead of bigger macroeconomic shifts expected in President Trump’s second term.

The firm now employs more than 1,000, including at least 155 portfolio managers. Its largest office remains London but Abu Dhabi, where it opened an office two years ago, is now its biggest risk-taking centre.

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