Last year was mixed for hedge funds. In fact, overall it was pretty poor, with hedge funds losing some $1bn. However, one hedge fund had a 14.37% return over 2016 on the back of its strategy focused on distortions in economic markets as a result of macro events. The hedge fund in question is Haidar Jupiter Fund, which opened in 1999 (the firm started in 1997) and now has $365m in AUM (as of October 31st 2017). Its success is down to a two-pronged macro approach when investing. Its Managing Member and President Said Haidar says that they do two kinds of trading; “big long-term trends and short-term catalyst-driven trades.”

 

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