The flagship fund of the American Hedging giant Brevan Howard has already lost more than 5% this year.

PANews reported on March 13th that Brevan Howard Asset Management, a macro Hedging giant in the United States, is significantly reducing the risk that traders can take amid a drop in performance and the complete evaporation of last year’s profits. According to sources, CEO Aron Landy has recently taken defensive measures in response to increased Fluctuation and chaos in the market, including reducing the risk limits of some traders. An investor letter shows that Brevan Howard’s flagship fund, the Master Fund, fell by 1% in the first week of March, expanding losses for the year to 5.4%, compared to a 5.1% return last year; the company’s other major fund, Alpha Strategies, also dropped by 0.8% that week, pumping 1.5% so far this year. Since Howard co-founded the company in 2003, Brevan Howard’s flagship fund has only experienced losses exceeding 5% in one year. In recent weeks, as the Trump administration clashed with global trading partners, global markets have seen increased Fluctuation, sparking concerns among investors ranging from tariffs on Canadian goods to increased defense spending in Europe. This turmoil has also affected Hedging fund giants such as Citadel, Millennium Management, and DE Shaw & Co.