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Rokos, Melqart among May's biggest hedge fund winners

A number of leading hedge funds including Rokos Capital Management and Melqart Asset Management, delivered solid gains in May, as geopolitical tensions in the Middle East continued to drive sharp swings across rates, FX and commodity markets, according to a report by Bloomberg. Chris Rokos’ macro fund returned 3.7% over the month, bringing its year-to-date performance to 14.2%, according to people familiar with the matter. Brevan Howard’s flagsh…

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Rokos Capital Management and Melqart Asset Management were among the hedge funds posting gains during another favorable month for the industry. Macro and event-driven strategies benefited from continued volatility and shifting expectations around rates and geopolitics.... Article link