Haidar’s Macro Hedge Fund Plunged 25% in April’s Chaotic Trading

Said Haidar’s macro hedge fund suffered one of its worst monthly losses since it launched more than two decades ago as President Donald Trump’s tariff war set off high volatility in global markets.

Haidar Jupiter Fund slumped an estimated 25% in April, its second-biggest monthly decline since the fund’s debut in 1999, according to investor documents seen by Bloomberg News. The losses put the macro strategy down 17.6% for this year, the documents show.

Last month, the investment industry was confronted by a challenging trading environment as stocks tumbled, bond yields rose and measures of market swings spiked ...