Hedge Fund Performance: DE Shaw, Haidar Macro Funds Gain in September

The standout here is the dispersion within macro: Haidar's Jupiter is compounding at a pace that dwarfs DE Shaw's Oculus, which itself is running well ahead of the flagship multi-strategy book. That gap suggests the year's gains are increasingly concentrated in directional macro bets rather than diversified relative-value exposure, a shift worth noting for allocators tracking strategy-level attribution. Whether Jupiter's two-month surge proves repeatable or reflects a single concentrated position is the open question.