Bloomberg – Hedge funds held up better than stocks in January, falling an average of 0.1 percent as global equities slumped amid a selloff in emerging-market currencies and signs of weakness in China.
Bridgewater Associates LP’s Ray Dalio gained 1.1 percent as of Jan. 28 at his Pure Alpha II fund, according to a person familiar with the matter. Global stocks declined 4 percent for the full month, including reinvested dividends.
