Bridgewater Loss Stuck at 18.6% in Main Fund After Model Tweaks
- Dalio’s flagship fund is on track to post its worst year ever
- Delaware public pension has liquidated $180 million investment
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Ray Dalio’s Bridgewater Associates spent weeks earlier this year tweaking its investment models to account for unprecedented government stimulus and the worsening pandemic. That hasn’t helped performance.
The flagship Pure Alpha II fund has lost 18.6% through Thursday, according to a person familiar with the matter. That’s little changed from the decline it reported through the end of August.