‘We Didn’t Know How To Navigate The Virus’: Ray Dalio’s Pure Alpha II Takes Big Hit Amid Market Chaos

‘We Didn’t Know How To Navigate The Virus’: Ray Dalio’s Pure Alpha II Takes Big Hit Amid Market Chaos

Back in January, Bloomberg reported that Bridgewater’s most prominent fund, the Pure Alpha II, logged its first annual loss since 2000 last year. (The news was originally tipped by Institutional Investor.) It was the only the fourth time since 1991 that the fund lost money. Unfortunately, that subpar showing (a 0.5% decline) did not measure up well against peers, let alone the S&P 500 or any bond index you care to consult. Pure Alpha II returned around 15% in 2018, but has managed jus
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One thought on “‘We Didn’t Know How To Navigate The Virus’: Ray Dalio’s Pure Alpha II Takes Big Hit Amid Market Chaos

  1. “We didn’t know how to navigate the virus.”

    I’m not a hedge fund expert by any means, but isn’t the coronavirus situation the exact thing you pay the Dalio’s of the world 2 and 20 for in the first place?

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