Bridgewater Makes Q1 Gains

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.


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Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

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