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Bridgewater, Rokos lead hedge fund gains in first quarter

Global hedge funds gained nearly 5% in the first quarter

Ray Dalio’s Bridgewater Associates had a strong start to the year
Ray Dalio’s Bridgewater Associates had a strong start to the year Photo: Victor J. Blue/Getty Images

Bridgewater Associates and Rokos Capital Management won big in the first quarter, with both hedge funds posting double-digit gains.

Bridgewater’s Pure Alpha strategy returned 15.9% in Q1, while Christopher Rokos’ macro hedge fund climbed by 12.5%, according to Bloomberg.

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