Jan 14 2025 20 mins 6
In this episode of Trust Issues, we speak to Richard Horlick, Chairman of BH Macro. We discuss his thoughts on BH Macro as a shareholder, including his rationale for owning the trust, recent performance, the current discount and why Brevan Howard stands out in the hedge fund universe.
00:00 Introduction
00:17 Involvement with BH Macro & previous experience
02:09 Attractions of BH Macro
04:30 Thoughts on risk and volatility
07:27 Performance in 2020
11:05 Investment case in ‘risk-on’ markets
12:33 Investment trust discounts
15:53 Thoughts on Brevan Howard
17:47 Outlook for investors
19:17 Further information
19:34 Risk warning
Our latest research on BH Macro - https://www.trustintelligence.co.uk/investor/articles?category_id=fund-research-investor&fund_id=233
BH Macro website - https://bhmacro.com/
Please note that this podcast was recorded on 5 December 2024.
Disclaimer
Nothing in the video interview constitutes an offer to buy or sell any securities mentioned in it in any jurisdiction or jurisdictions in which such offers or sales are unlawful prior to registration or qualification under the securities laws of any such jurisdiction. In particular, no securities mentioned in the video interview have been, and no such securities will be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or exemption from registration under the Securities Act and other securities laws. There will be no public offer of any securities mentioned in the video interview in the United States. Offers and sales of such securities, and distribution of the related information, may also be subject to restrictions in other jurisdictions.
The video interview is not intended for or directed at, and should not be accessed by or distributed to, persons: (a) in the United States or who are U.S. Persons (as defined in Rule 902 under the Securities Act); or (ii) who are located in any other jurisdiction where it is not lawful to access the video interview.
