Bridgewater Funds Fall In June

Jun 25 2013 | 11:15am ET

Bridgewater Associates grew to be the world's largest hedge fund by posting consistently top-of-the-industry returns, but the firm is wilting in the summer heat this year.

Bridgewater's $70 billion All Weather Fund has lost 6% this month and is down 8.5% on the year. Meanwhile, the firm's flagship Pure Alpha Fund is flat in 2013, having lost ground in June. By contrast, the Standard & Poor's 500 Index remains up over 10% on the year in spite of recent losses.

Pure Alpha has $80 billion in assets under management.

All Weather has produced 8.5% annualized returns since its debut in 1996 and rose 14% last year.


In Depth

Q&A: MackeyRMS's Chris Mackey On A High Tech Fix To Broker Votes

Jun 23 2017 | 8:17pm ET

The looming implementation of the EU’s MiFID II rules regarding research has put...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of