Bridgewater Soars 26% to Lead Pack of Biggest Hedge Funds (3)

Bridgewater Associates’ flagship macro fund climbed 26.4% in the first nine months of this year as tariff-fueled market uncertainty boosted the firm and its peers.

The hedge fund is on track for its biggest gain since 2010, according to a person familiar with the matter, who asked not to be identified because the returns aren’t public.

Hedge funds overall have posted strong gains this year, aided by surging US stocks and volatility in bond and currency markets spurred by President Donald Trump’s trade wars. The S&P 500 climbed 14% through the third quarter.

The previous decade had been tough ...