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Bridgewater’s Bearishness Boosts Pure Alpha Funds in October
The world’s largest hedge fund firm has fared better this month than it had during the first three quarters of the year.
The stock market’s sharp selloff and heightened volatility have been painful for long-short managers and their long-only funds.Those heavily dependent on technology, internet, and other FANG-like stocks have been especially hurt, since many of these stocks are down more than the major equity benchmarks. The story has been different for
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