Bridgewater Pure Alpha Enjoys Best Month In Seven

Mar 7 2014 | 3:17am ET

It is only two months old, but 2014 is already looking better for Bridgewater Associates than 2013.

Bridgewater, the world’s largest hedge fund, saw its flagship Pure Alpha fund rise 3.04% last month, Reuters reports. The gain, Pure Alpha’s biggest in seven months, leaves the $80 billion fund up 2.89% on the year.

Bridgewater reportedly profited from gold’s 7% spike last month.

Still, the fund continues to lag the broader markets, which jumped more than 4% last month. Pure Alpha returned only 5.25% last year, while the Standard & Poor’s 500 Index soared more than 30%.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of