Brevan Howard co-founder returns to UK despite Brexit uncertainty

Moved to Switzerland in 2010

Jayna Rana
clock • 1 min read

One of the UK's wealthiest fund managers and co-founder of hedge fund management company Brevan Howard, Alan Howard has returned to the City after seven years out, at a time when it is fighting to keep its status as Europe's financial hub.

The billionaire fund manager moved to Geneva, Switzerland, in 2010, as did many others who were lured over by the low tax environment. However, Howard has now returned back to the City, though according to The Telegraph, a source close to him said the move was for personal reasons and "does not indicate any further changes or particular refocus on London". Many will be hoping others follow Howard's move back to the UK as the City tries to maintain its position as the European financial centre amid Brexit-related uncertainty.   While a number of investment banks have been looking to re...

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