Reuters – Former Brevan Howard star trader Chris Rokos has stepped up his legal challenge to a partnership agreement imposing a five-year ban on him setting up in competition against the hedge fund firm he co-founded.
The contractual dispute offers a rare insight into one of Europe’s largest hedge funds, with its response to Rokos’s challenge and the potential loss of investors to a new rival highlighting the business risks such funds face when top traders strike out on their own.
