Yep, Ray Dalio’s Bridgewater Associates is still the largest hedge fund around, with $37 billion in assets, and it’s also the highly rated by investors. Looks like it was a good idea to not participate in the PPIP after all.
AR (the new mag that merged Alpha and Absolute Return) ranked the top 10 hedge funds and here it goes:
-Bridgewater Associates $37 billion
-JPMorgan $36. Billion ( JPMorgan Asset Management $18.6 billion and Highbridge Capital Management $17.4 billion)
-Paulson & Co. $27.2 billion
-D.E. Shaw Group $26.7 billion
-Soros Fund Management NY $24 billion
-Goldman Sachs Asset Management $20.8 billion
-Och-Ziff Capital Management Group $20.70 billion
-Baupost Group MA $19 billion
-Farallon Capital Management $18 billion
-Angelo, Gordon & Co. $17 billion
-Avenue Capital Group $17.billion
-Renaissance Technologies $ 17 billion
Bridgewater also obtained in 50.40 points (out of 60 possible) in the mag’s hedge fund report card, which used criteria including: alignment of interests; independent oversight ; alpha generation; transparency; infrastructure and liquidity terms.
Following Bridgewater were Tudor Investment with 50 points, Paulson, with 49.79 points, JPMorgan-Highbridge Capital, with Management 48 points and Taconic Capital Advisors with 47.67 points.
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