Brevan Howard is closing star trader Ville Helske’s hedge fund

Brevan Howard is closing star trader Ville Helske’s hedge fund

Brevan Howard Asset Management, a prominent hedge fund, has announced the closure of star trader Ville Helske’s hedge fund. The decision comes amidst a period of strong performance for macro hedge funds, with Chris Rokos’ Rokos Capital Management reporting a 12.3% return for the first half of 2025 [1].

Ville Helske, known for his high-conviction macro trades, was a key figure at Brevan Howard. His closure of the hedge fund, which managed significant assets, is a notable development in the hedge fund industry. The closure follows a period of double-digit returns for many macro hedge funds, including Rokos Capital, EDL Capital, RV Capital Management, Bridgewater Associates, and Discovery Capital [1].

The exact reasons for the closure are not publicly disclosed, but it is likely related to the evolving market conditions and strategic decisions made by Brevan Howard’s management. The closure of a high-profile hedge fund by a well-respected firm like Brevan Howard may signal a shift in their investment strategies or a reassessment of their risk management practices.

The closure of Helske’s hedge fund is a reminder of the dynamic nature of the hedge fund industry. While some funds continue to perform well, others may face challenges or undergo changes in leadership and strategy. Investors and financial professionals should stay informed about such developments, as they can have implications for the broader market.

References:
[1] https://www.bloomberg.com/news/articles/2025-07-08/chris-rokos-hedge-fund-gains-12-in-first-half-after-june-bump