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Bridgewater’s Funds Got Hammered in March

The world’s largest hedge fund firm said it was caught with a “long tilt” when the markets started to sell off.

Ray Dalio’s Bridgewater Associates wound up posting double-digit losses in its Pure Alpha funds in March.The world’s largest hedge fund firm and macro specialist lost 10 percent for the month in its Pure Alpha I fund, also known as Pure Alpha 12 percent. It finished the first quarter down 15.6

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