(Fortune) They are the two biggest hedge funds in the world. Bridgewater Associates’ world’s largest hedge fund, run by Ray Dalio, is not only underperforming the market this year, but it’s lagging way behind another Bridgewater fund that basically runs itself.
Founded by Dalio in 1975, Bridgewater Associates is the biggest hedge fund firm on the planet with more than $150 billion in assets under management, and also runs the two largest individual hedge funds in the world, Pure Alpha and All Weather.
