Modest Gains for Ray Dalio’s Bridgewater Despite ‘Zombie’ Economies

Ray Dalio, the largest hedge fund manager in the world with $83.3 billion under management, posted only a slight gain in his largest hedge fund last year after generating very strong returns the two prior years.

Pure Alpha II, the largest hedge fund offering from Westport, Connecticut-based Bridgewater Associates, was up just 0.8

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