Hedge Funds

Hedge fund Rokos suffers 88% drop in revenue

The firm posted a loss of £3.6m for the year ended 31 March 2022 compared to a profit of £914m in the prior year

Chris Rokos — the firm's founder, who was previously a star trader at Brevan Howard —  earned £509m in the year to March 2021
Chris Rokos — the firm's founder, who was previously a star trader at Brevan Howard — earned £509m in the year to March 2021 Photo: No Credit

Macro hedge fund Rokos Capital Management took a major revenue hit in its latest financial results despite recovering from its worst-ever decline in 2021.

The £15.5bn hedge fund witnessed its revenue plunging to £119m for the year ended 31 March 2022 from £1.03bn for the year ended 31 March 2021 — marking an 88% year-on-year drop.

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