Finance
Haidar’s Hedge Fund Loses 33% With Assets Plunging by $4 Billion
- Jupiter fund’s declines last year add to the 43% drop in 2023
- Fixed income, commodities caused most of losses, letter shows
Said Haidar
Photographer: Victor J. Blue/BloombergHedge fund manager Said Haidar, known for his highly leveraged macro trades, is in the middle of his worst-ever losing streak.
His Haidar Jupiter fund slumped 32.7% last year, according to an investor update seen by Bloomberg News, extending the 43.3% plunge in 2023.