Bridgewater Flagship Up 31% Through Sept.

Oct 18 2010 | 12:00pm ET

The world's biggest hedge fund manager, Bridgewater Associates, isn't taking second to anyone when it comes to its returns this year.

The US$88 billion hedge fund's flagship Pure Alpha strategy is up an impressive 31% this year, according to Financial News. The strategy has returned an annualized 14% over the last 19 years, but this year's huge return is something of a comeback, following a disappointing 2009.

Bridgewater would only say that Pure Alpha has "outperformed the market over the last three years by more than 70%."

Pure Alpha currently manages some $56 billion, according to FN. The Westport, Conn.-based firm announced plans in August to keep it there, offering investors the chance to reinvest some of their money in a more liquid version of the fund.

Pure Alpha has been closed to new investment for more than four years.


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...