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

Electronifie: Better Bond Trading

May 11 2016 | 3:03pm ET

Technology has revolutionized countless aspects of investing and trading, but the...

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...