Losses Mount at Bridgewater’s Flagship Fund

The firm’s Pure Alpha II fund is off by double-digits this year, while its smaller risk-parity strategy has notched double-digit gains.

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Jason Alden

Raymond Dalio, Bridgewater Associates (Bloomberg)

The performance of some high-profile hedge funds managed by Bridgewater Associates, the world’s largest hedge fund firm, continued to diverge last month.

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