LONDON, March 7 (Reuters) - Hedge fund Rokos Capital Management's return on investment was down 0.29% during February to the 21st but was up 0.57% for 2025 so far, said a source with knowledge of the matter on Friday.

Volatility in financial markets helped the performance of global hedge funds in 2024, lifting returns to an average of roughly 11% for the year, according to hedge fund research firm PivotalPath. So far in 2025, hedge funds have returned 1.3% in the year-to-date as of end-February, said PivotalPath.

Funds like the London headquartered Rokos Capital Management which trade on macro economic factors returned on average 1.6% this year so far as of February end, said PivotalPath.

A representative for Rokos Capital Management declined to comment.

(This story has been refiled to clarify that the firm is headquartered in London, in paragraph 3)

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https://www.reuters.com/markets/wealth/hedge-fund-rokos-capital-management-returns-057-year-so-far-says-source-2025-03-07/