After Tough 2023 Bridgewater Set To Lose Title Of World’s Most Profitable Hedge Fund

Ray Dalio’s Bridgewater is the world’s largest hedge fund, and it was the world’s most profitable hedge fund. But that could be about to change as the figures roll for hedge fund performance this year. With around $150 billion of assets under management, Bridgewater is by far the world’s largest hedge fund. Its flagship Pure Alpha strategy is designed to outperform in all market environments and has accomplished this aim. Since it was founded in 1975, the hedge fund has achieved an analyzed return of around 11%. The stream of double-digit returns over a nearly five-decade period has helped the…