News Digest: Star global macro traders reap windfall gains amid market volatility
July 14, 2022
Several high-profile global macro hedge funds have posted stellar returns for the first half of this year, thanks to their successful bets amid persisting volatility in equities, fixed income and commodities markets.
The Haidar Jupiter fund at Said Haidar’s $3.5bn Haidar Capital Management is up 170% for the six months ended June 30, while Crispin Odey’s Odey European hedge fund gained 114% during the same period, it has emerged.
Bridgewater Associates’ Pure Alpha II fund returned 32% in the first half, and Brevan Howard’s flagship vehicle delivered a 14% gain for this period, Bloomberg gathers.