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Bridgewater Reaps High Fee Income as Hedge Funds Post Small Gains
The world’s largest hedge fund firm earned roughly $2 billion in management fees despite low returns from its Pure Alpha funds.
Ray Dalio, Bridgewater Associates (photo credit: Bloomberg) Bridgewater Associates, the world’s largest hedge fund firm, earned approximately $2 billion in management fees alone from its hedge funds in 2016, based on a roughly 2 percent average management fee, in a year when the funds produced gains of less than 3 percent. Bridgewater,
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