BH Macro Ltd, a Guernsey-registered, London-listed investment company which acts as a feeder fund for the Brevan Howard Master Fund, gained 4.5% in September, reversing poor performance in the first half of the year.
BH Macro Ltd has not had a down year to date (returning around 20% in 2007, 2008 and 2009), and has returned 134.25% since inception in 2007.
The fund has also out-performed the FTSE All-Share by 11.5% per year since launch, returning an average of 12.5% p/a. The FTSE All-share returned just 1% per year over same time period.
