The flagship fund of Brevan Howard, a US hedge fund giant, has already lost over 5% this year

According to Bloomberg, Brevan Howard Asset Management, a US macro hedge fund giant, is significantly reducing the risk that traders can take amid declining performance and evaporating profits last year. Insiders revealed that due to increased market volatility and chaotic conditions, CEO Aron Landy has recently taken some defensive measures, including lowering the risk limits of some traders. An investor letter shows that Brevan Howard's flagship Master Fund fell 1% in the first week of March, expanding its losses this year to 5.4%, while the fund achieved a return of 5.1% last year; another major company fund Alpha Strategies also fell by 0.8% in the same week but has risen by 1.5% so far this year. Since its founding with Howard's participation in 2003, Brevan Howard's flagship fund has only suffered more than a 5% loss in one fiscal year.

In recent weeks, as conflicts have arisen between Trump administration and global trade partners leading to increased global market volatility causing investors' concerns about everything from tariffs on Canadian goods to increased defense spending in Europe.This turmoil has also affected other hedge fund giants such as Citadel, Millennium Management and DE Shaw & Co.