Rokos Capital loses 4.9% in October as macro hedge funds hit by market turmoil
Rokos Capital Management suffered a 4.9% loss in October as a series of market shocks triggered widespread declines across the hedge fund industry, according to a report by Bloomberg. The decline reduced the London-based macro hedge fund's year-to-date return to approximately 8%, according to people familiar with its performance. Founded by billionaire trader Chris Rokos, the firm manages around…
Rokos Capital Management, a London-based macro hedge fund founded by billionaire trader Chris Rokos, experienced a 4.9% decline in October, reducing its year-to-date return to approximately 8%, according to Bloomberg. The fund, which manages around $22bn in assets, faced a challenging month as a sharp technology sector selloff, political upheaval in Brazil, and violent protests in France contributed to market volatility.
This decline places Rokos Capital among several major hedge funds that recorded losses during October, underscoring the difficulties faced by even established managers in navigating geopolitical developments and abrupt market reversals.
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