Reported 23 days ago
Chris Rokos's hedge fund faced significant losses in August, declining by 5.2% due to volatile market conditions influenced by concerns about a potential US recession. This loss has reduced the fund's year-to-date gains to just over 14%, marking one of its worst performances since its inception in 2015. The financial turmoil affected multiple hedge funds this summer, prompting some to liquidate positions amid uncertainty in the market.
Source: YAHOO