This performance contrasts with last year's results, when the fund posted eye-popping gains of 51%. (Reporting by Carolina Mandl, in New York)
NEW YORK, April 5 (Reuters) - London-based hedge fund
Rokos Capital Management ended March down roughly 15%, amid a
highly volatile month in the bond market, according to a source
familiar with the matter, based on preliminary data.
The macro hedge fund is down nearly 9.5% year-to-date
through March, this source added. To contain sharp losses in
March, Rokos decided to de-risk, it said in a letter to
investors last month.
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