Friday, 22 August 2014
Last updated 14 hours ago
Jul 11 2012 | 1:34pm ET
The man dubbed the world's most successful hedge fund manager was anything but in the first half.
Ray Dalio's Bridgewater Associates, which has posted double-digit returns over the past two years, saw its flagship Pure Alpha fund lose 2.7% over the past six months. Weakness in the dollar and poorly-performing commodity investments hurt the $120 billion firm during the first half, the New York Post reports.
Pure Alpha has returned $35.8 billion for investors since its debut 37 years ago, including $13.8 billion last year, according to LCH Investments.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…