Hedge fund Brevan Howard's macro-focused Master Fund has had a tumultuous time. After it was reportedly up only 0.8% in 2025, it reportedly fell 6.6% in March amidst the chaos induced by war in the Middle East. It's not clear whether the Master Fund has since recovered, but there are signs that Brevan Howard as a whole is adding new macro talent.

As we reported last week, Brevan is thought to have employed Jonas Klink , the former head of EUR & GBP flow rates trading at UBS. Klink, who speci