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Posted on: Feb. 1, 2017, 10:40 a.m.
Billionaire Ray Dalio’s Bridgewater Associates earned almost $5 billion for its clients last year while rivals George Soros and John Paulson lost money, according to a report by hedge-fund investor LCH Investments NV. Bridgewater was the most lucrative, in absolute terms, of the top-20 hedge funds ranked, and bucked the trend of a generally disappointing year for the industry. Overall, the biggest funds earned $16 billion after fees, to provide a 2.6 percent weighted return that “was way below their historical ... Full investment news articleRelevent to this post: John Paulson Bridgewater Associates LP,