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Formerly High-Flying Haidar Posts Record Loss in November

Here is why the macro fund was caught off guard — and how it has changed its positioning.

So much for its record-setting year.The Haidar Jupiter Fund, which had previously been on a tear after correctly identifying the pandemic as a major global crisis early on, just posted its worst month since its 1999 inception. The fund lost a stunning 23.51 percent in November, slashing the macro fund’s

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