London-based macro hedge fund firm Rokos Capital Management has delivered a 0.57% return so far in 2025, despite a 0.29% decline in February, according to a report by Reuters citing an unnamed source familiar with the matter.
The London-based macro hedge fund, founded by Chris Rokos, has apparently navigated volatile market conditions, which have broadly supported macro-focused strategies.
While global hedge funds posted an average return of 11% in 2024, performance has been more subdued in 2025. As of the end of February, hedge funds have generated 1.3% year-to-date returns, according to hedge fund research firm PivotalPath.
Macro-focused hedge funds, which trade based on economic and geopolitical developments, have performed slightly better than the broader industry, returning 1.6% on average in 2025, per PivotalPath data.
A representative for Rokos Capital Management declined to comment on the fund’s performance.