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Bridgewater Funds Rebounded in 2020 — But Two of Its Biggest Funds Are Still Negative

Here is how the world’s largest hedge fund firm rebounded from its large March losses — and how it was positioned heading into the new year.

Bridgewater Associates finished the year with losses in two of its biggest funds, even after those funds recovered a large slice of their earlier-year drawdowns following the March market meltdown. The macro giant staged a significant comeback in several of its other hedge funds, however, after they had posted sharp losses

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