Opalesque Industry Update – On Thursday, Absolute Return (AR) released the results of its study of hedge fund assets (as of July 1, 2010). The largest hedge fund, Bridgewater Associates manages $80bn in assets, and secured the largest inflows in the first half of 2010 compared with rivals.
Bridgewater, a 35-year-old firm founded by Ray Dalio maintained its rank as the largest U.S. hedge fund and the industry’s most popular, AR magazine reported. The Westport, Connecticut-based firm piled up an additional $7.3bn in new money or an increase of 17% in its AuM, the biggest gain in 2010.
