(Bloomberg) Haidar Capital Management’s global macro hedge fund returned about 12.5 percent last month by betting on emerging markets, commodities and a weaker dollar, a wager that’s unlikely to change unless short-term interest rates spike, said Chief Executive Officer Said Haidar. The Jupiter Fund is now up 40 percent in the past year, boosted by a decision to short developed-nation bonds in favor of emerging-market debt, currencies and stocks, said Haidar, who manages $431 million. His picks included long bets on China’s H Share futures and MSCI Emerging Markets Index futures.
Hedge Fund That Gained 40% Sees Emerging-Market Rally Persisting
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