Santangel's Review


How big is too big?

Apparently not $65 billion…….from this WSJ article on Bridgewater Associates.

“Bridgewater Associates told its investors that it will launch a new hedge fund this year, and had sold another minority equity stake in the firm to an unidentified buyer to help ensure its long-term viability.

Bridgewater described its new fund, All Weather Major Markets, as a variation of its All Weather strategy that seeks to perform in any economic environment.

In a Jan. 24 year-end report to investors, the hedge-fund firm said All Weather Major Markets would help ensure that its $65 billion All Weather fund doesn’t grow too large, potentially hurting its returns.

Bridgewater is an incredible firm and they have performed very well. However, there is no way its size hasn’t already impacted its returns.