(Stamford Advocate) In a week in which Connecticut lawmakers considered a major new tax on hedge fund manager earnings, a new study estimates that the Westport-based titan Bridgewater Associates made $4.9 billion for its clients last year.
LCH Investments ranks the top 20 hedge funds annually for their returns, with none approaching the $117.8 billion asset base and by extension the wealth generated by Bridgewater, the world’s largest, according to a preview of the LCH report published by Bloomberg.