Rokos Capital Management has joined a growing list of macro hedge funds seemingly on course for record annual returns, following a 5.4% gain last month which takes YTD performance to +44%, according to a report by Bloomberg.
Rokos Capital Management has joined a growing list of macro hedge funds seemingly on course for record annual returns, following a 5.4% gain last month which takes YTD performance to +44%, according to a report by Bloomberg.
Founder, billionaire Chris Rokos joins a ‘club’ of big-name macro traders including Said Haidar and Crispin Odey who are cashing in as central banks pivot away from years of quantitative easing.
The report cites an unnamed source as revealing that should the $14.5 billion hedge fund sustain current performance for the remainder of the year, it will be Rokos’ best annual since 2015, when he first started trading for his own firm, and also recover the record 26% loss suffered last year.
Macro funds have capitalised this year as central banks have raised interest rates to try and tackle inflation, which has in turn created volatility across a number of asset classes. Traders have been able to profit from best against bond yields with the likes of Haidar, Odey and Michael Platt all racking up triple-digit gains as a result.
Macro hedge funds are enjoying strong returns this year as central banks raise interest rates to try and contain spiraling inflation, sparking volatility across asset classes. Traders have profited from short wagers on bond yields and peers such as Haidar, Odey and Michael Platt’s investment firms have produced triple-digit gains.
