(Nasdaq) In a turbulent and ultimately almost flat year for stocks, Ray Dalio ( Trades , Portfolio )’s Bridgewater Pure Alpha fund generated $3.3 billion in net gains, returning Dalio to his rank as top hedge fund manager.Dalio unseated George Soros ‘ (Trades, Portfolio) Quantum Endowment Fund, which fell to second place with $42.8 billion in net gains since inception, compared to Bridgewater Pure Alpha’s $45.0 billion, according to a LCH Investments NV’s ranking of the top 20 hedge fund managers by net gains.
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