Bridgewater, RenTech Make $13 Billion in a Grim Hedge-Fund Year


Ray Dalio’s Bridgewater Associates and Jim Simons’ Renaissance Technologies beat their rivals in a tough year for hedge funds in 2018, making a combined $13 billion for their investors.

The profits accounted for more than half the money generated by the top 20 managers last year, according to estimates by LCH Investments NV, a fund of hedge funds. Firms outside that top group lost more than $64 billion as stock declines and volatility took their toll…

Bridgewater Rentech Make $13 Billion in a Grim Hedge-Fund Year

Categories : Hedge Funds

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