Chris Rokos, arguably one of the most respected global macro traders from Brevan Howard, is reportedly gearing up to launch his own hedge fund.
According to ValueWalk, 44-year old Rokos has set up Rokos Capital Management with over $500 million in seed money earlier this year, and will be seeking another $2.5 billion when he launches the fund within the next few months.
Rokos will initially manage the first $500 million, though he has also called upon two heavy-hitters to join him at the firm: Goldman’s former Asia-Pacific macro trading chief, Stuart Riley, and ex-Graticule Asset Management Asia trader, Borislav Vladimirov.
The team chose a really good time to launch their fund. As previously reported, global macro funds have become increasingly popular with investors, ranking “among the top three investor preferences in all regions,” according to Credit Suisse.
Photo: Allan Ajifo