Investing
Bridgewater’s Flagship Hedge Fund Gains 32% for First Half of Year
- The firm’s Pure Alpha II macro fund advanced 4.8% last month
- Fund has returned 11.4% annualized since its inception in 1991
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Bridgewater Associates posted a 32% return for its flagship hedge fund through the first half of 2022 as it benefited from increased market volatility, according to a person familiar with the performance.
The firm founded by Ray Dalio told investors that the Pure Alpha II fund climbed 4.8% in June, boosting the annualized return since its 1991 inception to 11.4%, the person said, asking not to be identified because the results aren’t public.