Ray Dalio's Bridgewater Associates LP has scored gains of more than $3.5 billion# Stock
c*y
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Yes, some investors are making money in this difficult market. Some are
making a lot of money.
Ray Dalio's Bridgewater Associates LP has scored gains of more than $3.5
billion, or about 5%, in its flagship hedge fund just in the past week,
according to investors. The $71 billion fund now is up more than 20% this
year, investors said, making it among the best performers in the hedge-fund
business. The gains are partly due to a spike in safe-haven investments,
such as gold, Treasury bonds and the Swiss franc, in which Bridgewater has
sizable positions.
making a lot of money.
Ray Dalio's Bridgewater Associates LP has scored gains of more than $3.5
billion, or about 5%, in its flagship hedge fund just in the past week,
according to investors. The $71 billion fund now is up more than 20% this
year, investors said, making it among the best performers in the hedge-fund
business. The gains are partly due to a spike in safe-haven investments,
such as gold, Treasury bonds and the Swiss franc, in which Bridgewater has
sizable positions.