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Bridgewater Narrows Flagship Funds’ Losses

The world’s largest hedge fund firm still faces a steep climb to get its Pure Alpha strategy into positive territory for the year.

       Raymond Dalio, Bridgewater Associates (Bloomberg) Raymond Dalio’s Westport, Connecticut–based Bridgewater Associates continues to chip away at the early-year losses suffered by its flagship Pure Alpha macro funds. But the funds still have a long way to go to get back to break-even for the year. The firm’s Pure Alpha Fund II, which

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