Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Brevan Howard Prepares to Start Backing External Stocks Traders
Business & Finance

Brevan Howard Prepares to Start Backing External Stocks Traders

Brevan Howard Prepares to Start Backing External Stocks Traders
Bloomberg Markets Wednesday 17 June 2026, 16:56 UTC By Nishant Kumar 1 min read
Key Points

Brevan Howard Prepares to Start Backing External Stocks Traders Brevan Howard Asset Management is preparing to give money to stocks-focused hedge funds, adding to a wave of giant firms forking over cash to outside talent. The macro trading outfit has hired former UBS Group AG executives Michael Dwier and Adolfo Oliete to lead the initiative, finding managers to give money in separately managed accounts, according to people with knowledge of the matter. Dwier is focused on allocating capital...

Brevan Howard Prepares to Start Backing External Stocks Traders Brevan Howard Asset Management is preparing to give money to stocks-focused hedge funds, adding to a wave of giant firms forking over cash to outside talent. The macro trading outfit has hired former UBS Group AG executives Michael Dwier and Adolfo Oliete to lead the initiative, finding managers to give money in separately managed accounts, according to people with knowledge of the matter. Dwier is focused on allocating capital to US managers, while Oliete will pick equities long/short traders focused on Europe and Asia, one of the people said, asking not to be identified because the details are private.
Brevan Howard Prepares (PERSON) Backing External (ORG) Brevan Howard Asset Management (ORG) UBS Group AG (ORG) Michael Dwier (PERSON) Adolfo Oliete (PERSON) US (LOCATION) Oliete (ORG) Europe (LOCATION) Asia (LOCATION)
Originally published by Bloomberg Markets Read original →

Related Stories

2-year Treasury yield rockets higher as many Fed officials signal possible hike this year

U.S. Treasury yields rose on Wednesday after the Kevin Warsh-led Federal Reserve held interest rates steady and removed key language indicating a bias towards future cuts, with many central bank officials signaling potential hikes in 2026. The 2-year Treasury note yield, which more closely tracks short-term Fed interest rate policy, climbed 9 basis points to 4.134%. The longer-dated 30-year Treasury bond yield added less than 2 basis points to 4.946%.

CNBC 5m ago

Fed projections call for a rate hike in 2026, but Chairman Warsh likely abstained

The Federal Reserve's latest projections pointed to one rate increase in 2026, though the outlook was complicated by the apparent absence of a forecast from one policymaker — potentially Chairman Kevin Warsh. Nine of 18 officials projected that the federal funds rate would end 2026 above its current range of 3.5% to 3.75%. However, the projections appeared to be missing one participant.

CNBC 9m ago

US Federal Reserve holds rates steady, raises inflation expectations

US Federal Reserve holds rates steady, raises inflation expectations Inflation is still above the Fed’s 2 per cent target due to higher energy prices caused by global conflicts and supply shocks. The US Federal Reserve on Wednesday (Jun 17) held interest rates steady as expected at Kevin Warsh's first meeting in charge of the central bank, raising its year-end inflation expectations and projecting a rate hike by the end of 2026. The Fed decided to hold rates steady at 3.50 to 3.75 per cent...

Channel News Asia 12m ago

Bass Pro Shops Is Buying a Luxury Florida Keys Fishing Lodge

Bloomberg Markets 12m ago