Brevan Howard, one of the UK's largest hedge fund managers, is considering the flotation of a second fund despite unpromising equity market conditions and general fears about hedge funds' stability.
The firm, which has about $20bn (â¬13bn) of assets under management, said it has appointed Dexion Capital, a placement agent, and Morgan Stanley as bookrunners for the listing of a new fund, BH Global, on the London Stock Exchange.
