FTSE 250 inclusion

RNS Number : 5397W

BH Macro Limited

12 June 2008

 



BH Macro 

Inclusion in FTSE 250 Index

BH Macro Limited (‘BH Macro’ or ‘the Company’), which is a closed-ended, limited liability investment company, has today announced that its sterling and euro share classes have been included in the revised FTSE 250 Index, announced at market close yesterday.

The Company, which was admitted to the Main Market of the London Stock Exchange on 14 March 2007, invests substantially all of its assets (net of short-term working capital) in the ordinary shares of Brevan Howard Master Fund Limited ('BHMF'). 

BHMF is an exempted company incorporated with limited liability in the Cayman Islands as an open-ended investment company that launched on 1 April 2003. The investment objective of BHMF is to generate consistent long-term appreciation through active leveraged trading. Exposure is predominantly to global fixed income and FX markets, employing a combination of global macro and relative value trading strategies.

Ian Plenderleith, Chairman of BH Macro commented: 

'We are immensely pleased to be the first single manager hedge fund feeder to be included in the FTSE 250 Index.  This development shows how much the fund has grown through performance and now by inclusion on the Index, we should be able to build greater liquidity through FTSE 250 tracker fund investment.'

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For further information please contact: 

Maitland (Brevan Howard PR) Alastair Crabbe/ Andrea Coleman

[phone]

 

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