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Komfie Manalo, Opalesque Asia:

While other hedge fund managers are closing shop, Chris Rokos is expanding.

A report by the New York Times cited two people privy to the information as saying that the 46-year-old Rokos is planning to reopen his Rokos Capital Management to outside investors early this year in a bid to raise more than $2bn and transform the company into one hedge fund giant.

That move would increase Rokos Capital's assets to more than $6bn, making it one of the few hedge funds that are expanding when most of the industry is declining.

Others even speculate that Rokos is on track to rival Europe's biggest hedge fund, Brevan Howard Asset Management. Incidentally, Rokos was one of the founding partners of Brevan Howard and worked for the firm for 10 years before falling out with its founder Alan Howard.

The two have since reconciled, but as Howard's flagship fund rose only 3% in 2016, Rokos Capital gained about 20% last year, its first full year of trading, to become one of the world's best performing money pools betting on economic trends.

About half of the gain came in the fourth quarter when Donald Trump's surprise victory in the U.S. presidential election triggered sharp moves......................

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