FYI: Bridgewater Associates, the world’s largest hedge fund firm, posted double-digit gains in what was a difficult year for many hedge funds, according to a person familiar with the firm’s performance.
The firm’s flagship Pure Alpha strategy gained 14.6 percent net of fees in 2018, the person said. That compares with a loss of 6.7 percent in data tracker HFR’s HFRX Global Hedge Fund Index and a loss of 4.4 percent for the Standard & Poor’s 500 stock index, including dividends reinvested. The Pure Alpha strategy has produced an annualized return of 12 percent since its inception in December 1991, according to the person. Bridgewater declined to comment.
Regards,
Ted
https://www.institutionalinvestor.com/article/b1cl6h4y6fd8xh/Bridgewater-Posts-a-Stellar-2018
