The world’s largest hedge fund firm posted a 4 percent decline in Pure Alpha I (also known as Pure Alpha 12 percent), is now down 5.5 percent for the year, according to a database and a person familiar with the results. Pure Alpha II — the more leveraged version — dropped 4.6 percent last month to start the year down 8.4 percent, according to these sources.
Even All Weather, its risk-parity strategy, lost money, dropping 1.9 percent in February to be just shy of flat (negative 0.1 percent) for the year to date. "
Bonds?
" https://en.wikipedia.org/wiki/Bridgewater_Associates 1991-present: Pure Alpha, All Weather, Pure Alpha Major Markets Bridgewater Associates developed several "innovative investment strategies" during the 1990s such as inflation-indexed bonds, currency overlay, emerging market debt, global bonds and "super-long duration bonds". The firm also "pioneered the separation of alpha and beta" investments and developed a strategy called "alpha overlay" which involved a portfolio of "20 uncorrelated" investments, leveraged for risk or return and combined with cash or an investment market benchmark."
The Financial Times reported over the weekend that Brigdewater’s flagship fund, the Pure Alpha Fund II, is already down 20% year-to-date in 2020. In a statement, billionaire founder Ray Dalio said the fund dropped the ball during the current crash rather than making money like it did in 2008."
Yahoo https://finance.yahoo.com/news/bridgewater-associates-takes-massive-coronavirus-190204704.html Bridgewater Associates Takes Massive Coronavirus Hit; Ray Dalio Says Trump Stimulus 'Not Big Enough' In theory, hedge funds are designed to insulate investors from the type of market downturns that U.S. investors have experienced in 2020. Unfortunately for Bridgewater Associates investors, the world’s largest hedge fund appears to have gotten caught off guard by the coronavirus outbreak. The Financial Times reported over the weekend that Brigdewater’s flagship fund, the Pure Alpha Fund II, is already down 20% year-to-date in 2020. In a statement, billionaire founder Ray Dalio said the fund dropped the ball during the current crash rather than making money like it did in 2008. “We did not know how to navigate the virus and chose not to because we didn’t think we had an edge in trading it. So, we stayed in our positions and in retrospect we should have cut all risk,” Dalio said. See Also: 13 Financial Pros React To Emergency Interest Rate Cut: More Stimulus Needed? Troubling Combination In a note on Monday, Dalio said the combination of 0% interest rates and the uncertainty of the COVID-19 outbreak is troubling. “While it is an extremely serious infectious disease and that will produce many harmful economic impacts, these things alone don’t scare me; however, when combined with long-term interest rates hitting the hard 0% floor, that really worries me,” Dalio said. Dalio famously predicted the global financial crisis back in 2008. Dalio’s hedge fund has been the largest in the word since 2011. In an opinion piece posted on LinkedIn, Dalio said the U.S. government will need to follow up the Federal Reserve’s interest rate cuts with an aggressive stimulus program aimed at the sectors of the market most impacted by the outbreak. “Thus far, there has not been much debt support to industries that would go broke due to this shock though President Trump has called for Congress to authorize an additional $50 billion in subsidies for loan to SMEs through the SBA. This could free up a few hundred billions in loans; however, it's not big enough and it’s not clear whether this measure will garner congressional Democrats’ support,” Dalio wrote.
Ray Dalio's hedge fund has placed a bet north of $1 billion that global stocks will fall by March, according to a Wall Street Journal report. The position is made up of put options that could pay out to Bridgewater Associates if the S&P 500, the Euro Stoxx 50, or both drop in value, The Journal found. Put options are contracts that grant investors the right to sell stocks at a predetermined price by a specific date. In a LinkedIn response, Dalio claimed his comments to WSJ were mischaracterized, and said he's not wagering against global stocks.
这个帖子是昨天半夜发的，今天有新消息就栽赃别人造假。
不想跟这种人多交流。
近两千亿美元的固定投都资炸了，说明其他几百亿的投资基金更惨
亿万富翁? 那得现有几千万的现金抄底
https://www.ai-cio.com/news/flagship-bridgewater-fund-reportedly-tumbles-20-coronavirus/
This?
点进去，403 forbidden,啥情况？
Are you sure?that’s strange. I have no problem.
" Bridgewater’s Pure Alpha Reports Sharp Losses
Even All Weather — the firm’s less volatile strategy — lost 1.9 percent last month.
Stephen Taub
March 04, 2020
https://www.institutionalinvestor.com/article/b1km3356pvgyx4/Bridgewater-s-Pure-Alpha-Reports-Sharp-Losses
The world’s largest hedge fund firm posted a 4 percent decline in Pure Alpha I (also known as Pure Alpha 12 percent), is now down 5.5 percent for the year, according to a database and a person familiar with the results. Pure Alpha II — the more leveraged version — dropped 4.6 percent last month to start the year down 8.4 percent, according to these sources.
Even All Weather, its risk-parity strategy, lost money, dropping 1.9 percent in February to be just shy of flat (negative 0.1 percent) for the year to date. "
Bonds?
" https://en.wikipedia.org/wiki/Bridgewater_Associates
1991-present: Pure Alpha, All Weather, Pure Alpha Major Markets
Bridgewater Associates developed several "innovative investment strategies" during the 1990s such as inflation-indexed bonds, currency overlay, emerging market debt, global bonds and "super-long duration bonds". The firm also "pioneered the separation of alpha and beta" investments and developed a strategy called "alpha overlay" which involved a portfolio of "20 uncorrelated" investments, leveraged for risk or return and combined with cash or an investment market benchmark."
https://www.barchart.com/futures/quotes/ZNM20/interactive-chart
"
Bridgewater Associates Takes Massive Coronavirus Hit; Ray Dalio Says Trump Stimulus 'Not Big Enough'
Wayne Duggan
BenzingaMarch 16, 2020
https://finance.yahoo.com/news/bridgewater-associates-takes-massive-coronavirus-190204704.html
The Financial Times reported over the weekend that Brigdewater’s flagship fund, the Pure Alpha Fund II, is already down 20% year-to-date in 2020. In a statement, billionaire founder Ray Dalio said the fund dropped the ball during the current crash rather than making money like it did in 2008."
Yes,tried again,same happened
这封信前两天传疯啦。简单讲就是融短钱炒长钱的投资方式，没有流动性的市场短钱供应有问题，价格变贵，玩不转。
QE买treasury 和MBS, 保流动性
否则这两个交易量最大的产品流动性出问题，全球金融危机
是的
是啊，看了一下，是没啥事。客户在危机时候赎回资金非常正常，HF的AUM变少而已，每年管理费赚钱少了而已。再加上他们自己策略没有及时变，fund亏了那么一点，PL赚少了，有啥好叫的。
感觉3月底还不够
同问
mutual fund, index fund只是跟着大市亏钱而已，公司本身没问题。。
你说话积点德可以吗？
不想再说
这种操作没有太大信息量的：它有1B赌跌，目的可以是为了保护200B的赌涨啊……
对的，金融方面很多假消息，很有误导性。
Probably not precise enough:
"
WSJ says Ray Dalio's hedge fund has bet more than $1 billion on a global stock sell-off by March — a report he's since denied
Daniel Strauss
Nov. 22, 2019
https://markets.businessinsider.com/news/stocks/ray-dalio-bridgewater-associates-1-billion-bet-stock-market-loss-2019-11-1028711471
Ray Dalio's hedge fund has placed a bet north of $1 billion that global stocks will fall by March, according to a Wall Street Journal report.
The position is made up of put options that could pay out to Bridgewater Associates if the S&P 500, the Euro Stoxx 50, or both drop in value, The Journal found.
Put options are contracts that grant investors the right to sell stocks at a predetermined price by a specific date.
In a LinkedIn response, Dalio claimed his comments to WSJ were mischaracterized, and said he's not wagering against global stocks.
"
哈哈哈哈，握手握手，跟我一样诶!
讲道理人家说的没错……
你这儿疯狂看热闹误导群众有啥意思
你不想想微信都传到你一吃瓜群众这里了都多少手消息了能是真的么
这里面说的真假打开Bbg看看repo market就看明白了
Cause its portfolios are highly leveraged..其他还有GS, BX听说也是managed assets很多elevated volatility，这种的受market risk很大
这种受Market risk哪大了啊
我觉得受Liquidity risk大是真的
完全有可能
这位说话也太冲了，帽子扣的也太大了。桥水老板这几年本来就在中国平台很活跃，各方面信息知乎微博讨论的确也多。
不懂还不能问了？谁一生下来就知道市场这些细节。你懂你不会简单易懂解释下吗？