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

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note