Hedge Funds
Chris Rokos’s investment firm manages more money than Brevan Howard Asset Management for the first time as clients continue to quit billionaire Alan Howard’s hedge fund company. Rokos, who co-founded Brevan Howard and made $4 billion for the firm from 2004 to 2012, oversaw $8.2 billion at the end of March, according to a person with knowledge of the matter. Brevan Howard managed $8 billion on April 1, according to the firm’s website, a fall of more than 75 percent from its peak in 2013. Spokesmen for London-based Rokos Capital Management and Jersey-based Brevan Howard declined to comment.

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