(Bloomberg) Rokos Capital Management, one of last year’s best-performing macro hedge funds, lost 4.7 percent in the first quarter as macro funds struggled. The London-based fund run by billionaire Chris Rokos fell 2.4 percent in March, said a person with knowledge of the matter, marking at least the second month of losses for the fund this year. That compares with an 0.1 percent decline last month for the average fund that wagers on macro-economic themes, according to Hedge Fund Research Inc. In January, Rokos lost 1.4 percent, mainly because of wrong-way bets on the U.S. dollar and equity indexes.
Chris Rokos’s Macro Fund Said to Decline 4.7% in First Quarter
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