Ray Dalio Bridgewater’s Pure Alpha fund fund was down more than 4% through the end of June, while the S&P 500 was up more than 17% over the same period.

by markyu007

• Bridgewater’s Pure Alpha fund, which tries to follow and capitalize on macroeconomic trends, lost 4.9% in the six months ended June 30, the FT reports.
• The hedge fund, founded by Ray Dalio, reportedly suffered tough losses in January but has recoup some of that decline in July.
• The Pure Alpha fund was down more than 4% through the end of June, while the S&P 500 was up more than 17% over the same period.
• cnb.cx/2Yai2l8
• Bridgewater Associates’ flagship Pure Alpha fund lost 4.9% in the first half, one of its worst performances in two decades, the Financial Times reported.
• bloom.bg/2y3ES3i