Macro Hedge Funds Rokos, Pharo Report Gains in Volatile January

Rokos Capital Management and Pharo Capital Management, two of London’s best-known macro hedge funds, notched gains last month as volatility gripped global markets.

Chris Rokos’s hedge fund firm returned 4.8% last month, according to a person familiar with the matter. The Pharo Macro fund gained around 6.7% in January, one of its strongest months on record, other people said.