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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

Said Haidar

Photographer: Christopher Goodney/Bloomberg

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.