Ray Dalio's flagship hedge fund, Bridgewater Pure Alpha, has been crowned top hedge fund manager, overtaking the Quantum Endowment Fund and John Paulson's Paulson & Co., according to fund of hedge funds LCH Investments.

Quantum and Paulson funds lost some of their lustre after poor performance in a year when the overall hedge fund industry struggled.

Bridgewater Pure Alpha is the top hedge fund manager, according to rankings by LCH Investments

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Dalio's Bridgewater named top manager

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