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Rokos Hedge Fund Said to Gain 20% in First Full Trading Year

  • Return ranks ex-Brevan manager near the top in macro category
  • Firm gets boost as it prepares to raise another $2 billion
Updated on

Chris Rokos’s hedge fund rose about 20 percent in 2016, its first full year of trading, to become one of the world’s best-performing money pools betting on economic trends, according to people with knowledge of the matter.

About half of the gain came in the fourth quarter, when Donald Trump’s surprise victory in the U.S. presidential election triggered sharp moves in bond yields and currency markets, said one of the people, who asked not to be identified because the information is private. A spokesman for London-based Rokos Capital Management declined to comment.