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Why Caxton Is Crushing It — And Bridgewater Is Still Lagging

While Caxton continues to add to its likely record-breaking performance, Bridgewater’s Pure Alpha funds are still in losing territory.

Most macro hedge funds made money in August.However, while Caxton Associates is well on its way to posting its best results since Andrew Law took over the firm at the end of 2011, Bridgewater Associates’ Pure Alpha funds remain solidly down for the year — underscoring the wide disparity in

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