Haidar Macro Hedge Fund Plunges 32% in Wild Bond Market Moves
- Said Haidar’s Jupiter fund returned a record 193% last year
- Traders have struggled as volatility ripped through markets
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Said Haidar is set for the biggest-ever monthly decline at his hedge fund in more than two decades as wild bond markets rock macro traders.
His Haidar Jupiter fund slumped an estimated 32% this month through Friday, according to people with knowledge of the matter. The decline puts the macro strategy down 44% this year, the people said asking not to be identified because the details are private.