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Bridgewater’s Pure Alpha is Pure Gold in the First Quarter

The world’s largest hedge fund firm is closing the macro strategy to new investors.

Bridgewater Associates’ Pure Alpha fund has gotten off to one of its best starts in recent memory.The flagship macro strategy of the world’s largest hedge fund firm surged 9.23 percent in March and 16.34 percent in the first quarter, according to people familiar with the results.The fund is now up

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