Alan Howard’s Hedge Fund Slumps 8.5% in Two Months

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Hedge-fund manager Alan Howard is having a rough start to 2019 in the fund that he oversees himself, a person with knowledge of the matter said.

The Brevan Howard AH Master Fund declined 8.5 percent in the first two months of this year, the person said, asking not to be identified because the information hasn’t been widely disclosed. Howard is the sole manager of that fund, which the industry veteran launched two years ago. A spokesman for the Jersey-based investment firm declined to comment.