Tuesday, 2 September 2014
Last updated 3 days ago
Dec 4 2008 | 11:43am ET
It’s not a bridge over troubled water, per se, but Bridgewater Associates is having a mixed 2008 in terms of returns.
While Bridgewater’s $58 billion Pure Alpha Strategy is in the black, rising 6.8% through October, its All Weather Portfolio hasn’t fared as well. The $13 billion multi-strategy fund has dropped 29% through October.
The firm told FINalternatives that the All Weather Strategy is a passive portfolio of stocks, bonds and commodities that reflects the returns of a diversified portfolio of asset classes.
“Its decline reflects the movement of money out of asset classes in general,” it said. “Bridgewater's hedge fund strategy, Pure Alpha, is an active strategy that reflects Bridgewater's views of the markets and its gain reflects Bridgewater's widely reported anticipation of the financial market's meltdown and being positioned for it.”
Bridgewater has been managing Pure Alpha since 1991. Investors in the strategy allocate capital to commingled funds or individual tailored accounts. In individual accounts, investors can specify their targeted risk parameters and the benchmarks.
Bridgewater currently runs $87 billion in total assets.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...