Bridgewater Funds Post Losses in May

The hedge fund firm’s top executives recently addressed the growing trade tensions between the U.S. and China.

Ray Dalio (Photo by David Paul Morris/Bloomberg)

Ray Dalio

(Photo by David Paul Morris/Bloomberg)

Ray Dalio’s Bridgewater Associates suffered losses in all three of its well-known funds last month.

Pure Alpha II, also known as Pure Alpha 18 percent, dropped 2.6 percent in May and is now down 5.9 percent for the year, according to a private database and a person familiar with the results.

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