Friday, 24 February 2017
Last updated 10 min ago
Apr 9 2014 | 9:27am ET
March was a brutal month for macro managers but at least one managed to generate some positive first quarter returns.
Bridgewater Associate's largest hedge fund, Pure Alpha II, lost 0.41% in March but is up 2.36% on the quarter, reports CNBC. The less volatile Pure Alpha I fell 0.24% in March but was up 1.59% on the quarter.
Bridgewater, with $80 billion in assets, is the world's largest hedge fund.