The hedge fund firm simultaneously posted gains in its risk parity funds during the month.
Many macro funds, which have struggled over the past few years, were taken by surprise when the post-election trades that had finally given them a boost in the fourth quarter reversed direction this year.
The firm’s two main funds moved back into the black; meanwhile the firm is undergoing a major shake-up to its management team.
Several of the most high-profile managers are worried about a wide number of issues.
Macro hedge funds have seen their post-election plays reverse direction over the past six weeks.
In their legendary “Daily Observations”, Dalio and co-CIO Bob Prince write of fears over “nationalism, protectionism and militarism” under President Donald Trump.
Here’s a look at the columns that received the most traffic this past year.
The world’s largest hedge fund firm has become more optimistic since the election.