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Bearish Bridgewater Suffered Sharp Losses in its Pure Alpha Funds

The world’s largest hedge fund firm entered the year significantly net short equities.

Ray Dalio’s Bridgewater Associates paid a hefty price for its least for one month.The world’s largest hedge fund firm posted a 4.57 percent loss in January in its Pure Alpha II fund, also known as Pure Alpha 18 Percent, according to a private database. It also suffered a 3

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