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These Macro Managers Had Record Years

Rokos, Brevan Howard, and other macro funds posted their best-ever results, while still others made double-digit gains.

Long-short managers weren’t the only ones who killed it in 2020.Several macro managers generated their best returns ever, in many cases easily beating prior results.For example, Rokos Capital Management posted a 43 percent gain last year, according to two people knowledgeable about the results. This was its best year since

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