Bridgewater Funds Sink on Virus Woes

Founder Ray Dalio explained why most of his funds are down significantly so far this year.

Ray Dalio (Jason Alden/Bloomberg)

Ray Dalio

(Jason Alden/Bloomberg)

Virtually all versions of Bridgewater’s two main funds are down by double-digits for the year to date, according to the macro giant’s daily letter dated March 18 and obtained by Institutional Investor.

Ray Dalio, the founder of the world’s largest hedge fund firm, attributes this shortfall to its overall bullish positioning.


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