A hedge fund run by billionaire macro trader Chris Rokos has bounced back from record losses last year, to point a 7 per cent gain in Q1 2022, according to a report by BNN Bloomberg.
Recent market volatility caused by geopolitical uncertainty and soaring inflation has created opportunities for macro hedge funds to make gains and Rokos’ fund is no exception having posted a 2.1 per cent advance last month alone.
The fund suffered record losses last year on the back of big swings in bond markets posting a 26 per cent decline.