Bridgewater’s Main Strategy Sinks in August

The world’s largest hedge fund firm posted big losses in its macro strategy.

Ray Dalio (Patrick T. Fallon/Bloomberg)

Ray Dalio

(Patrick T. Fallon/Bloomberg)

Bridgewater Associates suffered a setback last month, posting sharp losses in its main macro strategies.

Pure Alpha I, also known as PA 12 percent, fell 5.5 percent for the month and is now down 5.8 percent for the year to date, according to a database as well as a person familiar with the results.

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