(Bloomberg) Ray Dalio’s Bridgewater Associates and Jim Simons’ Renaissance Technologies beat their rivals in a tough year for hedge funds in 2018, making a combined $13 billion for their investors. The profits accounted for more than half the money generated by the top 20 managers last year, according to estimates by LCH Investments NV, a fund of hedge funds.
Bridgewater, RenTech Make $13 Billion in a Grim Hedge-Fund Year
This entry was posted in Syndicated. Bookmark the permalink.
