Brevan Howard Asset Management, the hedge fund co-founded by high-profile trader Alan Howard, posted gains across its funds in February as fears over the coronavirus rocked stock markets.

The $3.2bn Brevan Howard Master fund, the firm’s flagship which allocates to the hedge fund’s various sub-strategies, was up 5.2% in February, and 3.8% in the year to date according to a source familiar with the situation.