Haidar’s Hedge Fund Soars 31% in Biggest Month for Macro Trader
- The $1.3 billion fund has a history of major gains and losses
- Haidar has said traders aren’t repricing rate-hike bets enough
Said Haidar
Photographer: Christopher Goodney/BloombergThis article is for subscribers only.
Even by his own standards, last month was extraordinary for macro hedge fund manager Said Haidar.
The money manager, who runs a high-conviction $1.3 billion trading strategy, guided his Haidar Jupiter fund to a 30.65% gain in January, the best month since he started it more than two decades ago, according to investor letters seen by Bloomberg. The gain came after a return of almost 70% last year.