• 21 Jun 2011 at 10:25 AM

Bridgewater’s Flagship Fund Up 11 Percent YTD

By Bess Levin

The radical truth-seeking sessions are paying off.

…one macro firm that is doing well this year is Ray Dalio’s Bridgewater Associates, the world’s largest hedge fund firm with $58.9 billion under management at year-end, up about 70 percent from the prior year. Its $37 billion (at year-end) flagship Pure Alpha fund is up 11 percent net of fees so far this year, including up 1 percent in June. According to a knowledgeable source, the fund is making money in every asset class it had exposure to. It has done especially well being long bonds globally, long commodities, and emerging markets foreign exchange versus the dollar. Dalio is said to play more than 100 different markets throughout the world.

Bridgewater’s Pure Alpha Up 11 Percent This Year [II]

Comments (33)

  1. 1
    Posted by ExtraOrdinaryPopularDelusions | June 21, 2011 at 2:40 PM

    “Dalio is said to play more than 100 different markets throughout the world…long bonds globally, long commodities, and emerging markets foreign exchange versus the dollar…”

    So… they just short the dollar?

  2. 2
    Posted by Guest | June 21, 2011 at 2:40 PM

    Naughty hawk.

  3. 3
    Posted by Day_Ralio | June 21, 2011 at 2:41 PM

    it’s an egret, bitch. a fucking EGRET.

  4. 4
    Posted by Anonymous | June 21, 2011 at 2:43 PM

    GGGB10YR no doubt one of the bigger winners in the global bond portfolio.

  5. 5
    Posted by Seaman Bodine | June 21, 2011 at 2:44 PM

    What’s the point of killing it if you have to fucking live and work in Westport CT?

  6. 6
    Posted by The Observer | June 21, 2011 at 2:52 PM

    I like you Betty

  7. 7
    Posted by Guest | June 21, 2011 at 2:55 PM

    Small victories bro, small victories

    -”The next stop is… Stamford”

  8. 8
    Posted by Guest | June 21, 2011 at 2:55 PM

    RD doesn’t live in Westport.

  9. 9
    Posted by Rory McIlroy | June 21, 2011 at 2:57 PM

    Living in bumblefuck Connecticut in a hideous McMansion in the NKI.

  10. 10
    Posted by Guest | June 21, 2011 at 2:59 PM

    So now the Chevy Avalance is above the water line in the parking lot?

  11. 11
    Posted by Fashion Police | June 21, 2011 at 3:02 PM

    That Owl looks REALLY lifelike. It seems to be scaring all the Fashion sense away from Westport Ct. Nice Chinos man!

  12. 12
    Posted by Apathetic Squid | June 21, 2011 at 3:03 PM

    Yes, No, No

     

  13. 13
    Posted by Ti | June 21, 2011 at 3:13 PM

    I’d like to confront them about that 11%.

  14. 14
    Posted by ex-intern | June 21, 2011 at 3:18 PM

    That’s not Ray. That’s Bob Prince

  15. 15
    Posted by Texashedge | June 21, 2011 at 3:23 PM

    It’s Danny, sir

  16. 16
    Posted by Agent Zero | June 21, 2011 at 3:27 PM

    I heard their other fund, Pure Beta, is down 11% because they accidentally took physical delivery of some wildebeest futures on the Argicultural Commodities Exchange in Zambia, and the wildebeest were killed by hyenas before Bridgewater could sell out.

  17. 17
    Posted by Guest | June 21, 2011 at 3:41 PM

    Fail.

  18. 18
    Posted by DBtroller | June 21, 2011 at 3:46 PM

    Bridgewater PR hack fail. I thought the comment was moderately funny. 

  19. 19
    Posted by Anonymous | June 21, 2011 at 4:10 PM

    There’s a force in the universe that makes things happen.  All you have to do is get in touch with it.

  20. 20
    Posted by Guest | June 21, 2011 at 4:15 PM

    You must work at UBS.

    - Sliver Spoon Prick

  21. 21
    Posted by Anonymous | June 21, 2011 at 4:47 PM

    Goddammit… I provide an invaluable service here that only works if you other fuckers don’t screw it up.  It is not sufficient that those commentors who leave multiple lousy comments be left wondering if the lack of “Likes” is due to a lack of humor in their comments or if the readership is just too busy JO&C under their desks to occasional glimpses of bloomers on some Russian tennis hottie.  They must be told that their comments are not funny.  With no “Thumbs Down” option, the only way to ridicule the morons is by playing fucking word games.  It does not work if you other morons “Like” comments as well.

    Rory McIlroy left 2 misguided, moronic comments and must be told to refrain from commenting, succinctly.

    Quit fucking it up.

  22. 22
    Posted by Anonymous | June 21, 2011 at 4:47 PM

    Goddammit… I provide an invaluable service here that only works if you other fuckers don’t screw it up.  It is not sufficient that those commentors who leave multiple lousy comments be left wondering if the lack of “Likes” is due to a lack of humor in their comments or if the readership is just too busy JO&C under their desks to occasional glimpses of bloomers on some Russian tennis hottie.  They must be told that their comments are not funny.  With no “Thumbs Down” option, the only way to ridicule the morons is by playing fucking word games.  It does not work if you other morons “Like” comments as well.

    Rory McIlroy left 2 misguided, moronic comments and must be told to refrain from commenting, succinctly.

    Quit fucking it up.

  23. 23
    Posted by Guest | June 21, 2011 at 4:59 PM

    decaf

  24. 24
    Posted by Guest | June 21, 2011 at 4:59 PM

    decaf

  25. 25
    Posted by Anonymous | June 21, 2011 at 5:25 PM

    Dear NOP
    1. I think you can read “not one person and 3 more liked this” as meaning 4 people did not like it.
    2. Pls defend, in 50 words or less, your statement that you provide an invaluable service. Bonus points for using a Fourier transform of a multi-dimensional Gaussian function.

    xoxo

  26. 26
    Posted by Think About It | June 21, 2011 at 5:26 PM

    Who died and made you the new jackass?

  27. 27
    Posted by Anonymous | June 21, 2011 at 5:33 PM

    Comment removed by author

  28. 28
    Posted by Guest | June 21, 2011 at 5:38 PM

    horny bitch
    -Picture behind Gross

  29. 29
    Posted by Guest | June 21, 2011 at 5:40 PM

    Let x = my statement
          i = everyone else

  30. 30
    Posted by Anonymous | June 21, 2011 at 6:11 PM

    PMCO,

    1.  Thank you for helping me understand.
    2.  The service I provide is invaluable as it serves to negate, with a single stroke, that which is theoretically infinite.  Furthermore, if I can rid the site of the likes of GoldenBoy and CurrencyTrader through ridicule, you may be inclined to agree.

    8 words to spare, I’ll leave them for Einhorn.

  31. 31
    Posted by Anonymous | June 21, 2011 at 6:36 PM

    Dear NOP:
    I appreciate the humor of Not_One_Person handle and thought you very clever indeed to have come up with it. However, I cannot agree that we need to rid ourselves of GoldenBoy or CurrencyTrader (who I suspect are the same person, fyi). They are human beings entitled to their opinions and hope springs eternal that they will achieve humor more often than not. Indeed, just today on the MS Layoffs Watch post, CT did a really good funny. Live and let live NOP. xoxo

  32. 32
    Posted by Anonymous | June 21, 2011 at 6:52 PM

    I shall temper my rant at your request.

  33. 33
    Posted by guest | June 22, 2011 at 3:33 AM

    i guess john’s “probing” went extra deep for 1H11.
    http://dealbreaker.com/2011/04/bridgewater-employees-speak-out-why-i-work-here/#disqus_thread

Leave a comment

You can log in with your account or comment as a guest below.

   or