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Bridgewater Suffers Another Setback in August

The macro firm founded by Ray Dalio has posted losses in its two main macro funds, dragging down their gains for the year, as well as its risk parity fund.

Bridgewater Associates’ main macro hedge funds suffered sharp losses last month.This is another setback for the world’s largest hedge fund firm, which just two months ago seemed well on its way to posting its best gains in seven years.Pure Alpha II, also known as Pure Alpha 18 percent, fell 3.08

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