Top hedge fund Brevan Howard pledges £20m to Imperial College

Michael Bow
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HEDGE fund Brevan Howard has donated over £20m to Imperial College Business School to set up a new financial economics research centre catering for up to 16 PhD students.

The Brevan Howard Centre for Finance, as it is known, is currently recruiting for a founding director. It is hoped another two professors and junior academic staff will be added in due course, a spokesman said.