US stock futures flat after Wall St drops on Trump tariffs, soft jobs data
Investing.com -- Bridgewater Associates’ primary hedge fund, Pure Alpha II, saw an 11.3% increase in its performance this year up to last week, Bloomberg News reported. The fund, which invests in stocks, bonds, currencies, and commodities, benefited from the market fluctuations triggered by President Donald Trump’s trade wars.
The performance of Pure Alpha II experienced a boost during the first half of March, the report added. During the same period, the S&P 500 saw a decrease of 5.3%, while all G7 currencies strengthened against the dollar.
In the previous year, Bridgewater’s principal macro fund also had an 11.3% return. This marked its best performance since 2018.
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