Hedge fund Rokos makes $1bn from bet on US interest rates | 对冲基金Rokos通过押注美国利率获利10亿美元 - FT中文网
登录×
电子邮件/用户名
密码
记住我
请输入邮箱和密码进行绑定操作:
请输入手机号码,通过短信验证(目前仅支持中国大陆地区的手机号):
请您阅读我们的用户注册协议隐私权保护政策,点击下方按钮即视为您接受。
财富管理

Hedge fund Rokos makes $1bn from bet on US interest rates
对冲基金Rokos通过押注美国利率获利10亿美元

Asset manager run by billionaire trader Chris Rokos has gained 9% so far this year
亿万富翁交易员罗科斯管理的资产管理公司今年迄今已增值近9%。
Chris Rokos’s Rokos Capital Management manages just under $16bn of assets
克里斯•罗科斯的Rokos Capital Management管理着将近160亿美元资产
The hedge fund of billionaire trader Chris Rokos has racked up profits of more than $1bn so far this year, as a bet that the market was getting ahead of itself in forecasting aggressive interest rate cuts from the Federal Reserve paid off handsomely.
亿万富翁交易员克里斯•罗科斯(Chris Rokos)的对冲基金今年迄今已积累超过10亿美元的利润,因为对市场过早预测美联储将大幅降息的押注取得了丰厚的回报。
Rokos Capital Management, which manages just under $16bn of assets, is up 8.8 per cent in 2024, according to a person who had seen the numbers.
根据一位看过数据的人士透露,管理着近160亿美元资产的Rokos Capital Management在2024年增值了8.8%。
The company has told investors that the gains, which were up to Friday last week, were largely driven by a sell-off in bond markets as investors came round to the Fed’s view that rates would fall slower than markets expected late last year, the person said.
该人士说,该公司已告诉投资者,截至上周五的收益主要是由债券市场的抛售推动的,因为投资者开始接受美联储的观点,即利率下降的速度将慢于市场去年底的预期。
Rokos Capital declined to comment.
Rokos Capital拒绝置评。
In December, traders were pricing in roughly six quarter-point rate cuts in 2024 from the current level of 5.25 to 5.5 per cent, double the three signposted by Fed officials. But markets have dialled back their expectations following pushback from the central bank and a run of solid economic data that suggests the US economy is not sliding into a downturn.
去年12月,交易员预计2024年将从目前的5.25%至5.5%降息约6次,每次25个基点,是美联储官员预计的3次的两倍。但在美联储反驳以及一系列稳健的经济数据表明美国经济并未陷入衰退之后,市场已经调低了预期。
Data released this month showed that inflation eased less than expected to an annual pace of 3.1 per cent in January, leading investors to ditch bets that borrowing costs would fall as soon as May.
本月公布的数据显示,1月份通胀率放缓至3.1%的年率,低于预期,导致投资者放弃了对借贷成本最快将在5月份下降的押注。
Markets are currently pricing in three or four cuts by the end of this year, with the first move in June.
目前,市场预计今年年底前将有三到四次降息,首次降息将在6月份。
Two-year Treasury yields, which closely track interest rate expectations, have climbed to 4.6 per cent from less than 4.2 per cent in early January. Bond yields move inversely from prices.
与利率预期密切相关的两年期国债收益率已从1月初的不到4.2%攀升至4.6%。债券收益率与价格走势相反。
The figures came after Rokos outperformed macro hedge fund rivals Brevan Howard and Caxton last year, delivering 8.8 per cent for the year. Brevan Howard’s flagship fund was down 2.1 per cent while its Alpha Strategies fund was up 2.4 per cent, according to people who have seen the figures.
此前,Rokos去年的表现超过了宏观对冲基金竞争对手Brevan Howard和Caxton,全年回报率为8.8%。据知情人士透露,Brevan Howard的旗舰基金下跌2.1%,而其Alpha Strategies基金上涨2.4%。
Rokos was a star trader at Brevan, which he co-founded, earning billions of dollars for investors before striking out on his own in 2015.
Rokos曾是他共同创立的Brevan的明星交易员,在2015年独立创业前为投资者赚取了数十亿美元。
Macro hedge fund Caxton’s Macro fund was down 9.2 per cent last year, while its flagship Global Investments fund lost about 1 per cent, according to investors.
投资者表示,宏观对冲基金Caxton的Macro基金去年下跌9.2%,而其旗舰Global Investments基金亏损约1%。
版权声明:本文版权归FT中文网所有,未经允许任何单位或个人不得转载,复制或以任何其他方式使用本文全部或部分,侵权必究。

Lex专栏:铸犁为剑——给欧洲工业吹响的战斗号角

在重整军备的推动下,汽车制造商迎来了革新其生产线的又一次机遇。

为何仍应看多黄金?

库珀:尽管这种贵金属在中东战争期间遭到抛售,但其前景仍更为乐观。

试图摆脱对微软依赖的德国联邦州

在各国领导人日益主张欧洲减少对美国科技巨头的依赖之际,追求“数字主权”的努力使得石勒苏益格-荷尔斯泰因州成为欧洲的一块“试验田”。

FT社评:价格管制重返主流令人不安

价格管制虽然能带来短期纾困,但也会衍生新的问题。与其关注价格管制,各国政府不如把重点放在提高生产率上。

元首关系紧张,美英安全合作出现裂痕

英美围绕伊朗战争出现分歧,正在冲击两国外交人员、官员以及军方人员之间的工作关系。

FT社评:全球贸易保卫战中的“中间力量缺位”

有关取代美国、寻找多边体系之锚的讨论没有得出什么实际成果。
设置字号×
最小
较小
默认
较大
最大
分享×