Chris Rokos’s Macro Hedge Fund Surges 14% in Best Month Ever
- March performance takes fund’s return for year to about 20%
- Macro strategies are capitalizing on virus-fueled volatility
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Billionaire Chris Rokos’s macro hedge fund had its best month ever, gaining 14% in March amid market chaos fueled by the coronavirus pandemic.
That takes the fund’s advance for the year to about 20%, according to a person with knowledge of the matter. About a quarter of this year’s returns have come from short equities trades as the longest-running bull market in stocks came to an end, said the person, who asked not to be identified because the information is private.