Macro hedge funds navigate choppy May with positive returns, say sources
Rokos Capital Management returned a positive 1.28% for May, taking this year's return to May-end to a positive 9.46%, said a source who declined to be named.
Separately, hedge fund EDL Capital was down 4.5% for May but still up 24% for the year to the end of May, said a separate source.
Brevan Howard's Alpha Strategies returned a positive 0.39% in May culminating in a positive year to May-end return of 4.32%. Its Brevan Howard Master fund was down 0.74% in May and is down 2.12% for the year to May-end, said a third source.
London-based Capula's main fund returned a positive 0.5% for May and is up 3.5% for the year so far to May-end.
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