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Bridgewater Trims Losses in April
Last month was good for many macro funds, with Caxton posting large April gains and Brevan Howard maintaining strong performance.
Bridgewater Associates trimmed its losses in its two main strategies after posting gains in April. Even so, the macro specialist’s Pure Alpha strategy is still down by double-digit percentages for the year to date.The world’s largest hedge fund firm posted a 2.59 percent gain last month in its Pure Alpha
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