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.

Ray Dalio (Jason Alden/Bloomberg)

Ray Dalio

(Jason Alden/Bloomberg)

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

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