High-Flying Haidar Posts Loss in May

The macro hedge fund is still concerned about the long-term negative effects of the pandemic.

Said Haidar (Christopher Goodney/Bloomberg)

Said Haidar

(Christopher Goodney/Bloomberg)

The Haidar Jupiter Fund, a long-running but low-profile macro fund that posted huge gains in the first four months of the year, suffered a setback in May.

The hedge fund posted an estimated 4.75 percent net loss last month. This would trim its gain for the year to 53.44

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