Bridgewater's Pure Alpha Fund Leads Hedge Funds in September, Up 26.2% YTD
Bridgewater Associates' Pure Alpha fund led the charge in September, gaining 6% and posting year-to-date returns of 26.2%. Meanwhile, hedge funds globally returned 1.3%, with European, Asian, and Middle Eastern managers outperforming their North American counterparts.
Bridgewater's Asia Total Return, All Weather, and China Total Return funds also performed strongly, with year-to-date returns of 32.5%, 15.3%, and 28.4% respectively. Marshall Wace's Eureka Fund returned 1.32% in September, bringing its year-to-date return to 8.04%.
Global equities climbed 3.4% in September, while developed market bonds rose around 0.7%. Crowding in the 'Magnificent Seven' tech stocks remained high. Positioning in U.S. stocks was only 'somewhat bullish', suggesting a cautious optimism.
Bridgewater Associates tops the leaderboard with a 26.4% return in the first nine months of 2025, followed by Boothbay (13%) and ExodusPoint (12.3%). Systematic stock trading funds have risen over 13% this year, according to Goldman Sachs.
Read also:
- HLC Approves ₹4,645.60 Crore for Flood Recovery and Wetland Rejuvenation in Nine States
- Crooked House Pub's Demolition: Council Orders Rebuild, Debate on Historic Building Protections
- Shaping India's Economic Progression: Readying the Financial System for Tomorrow
- Ethiopia's Grand Dam: 15,000 Lives Lost, Water Concerns Unresolved