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

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...