Ray Dalio’s Bridgewater Associates was named Management Firm of the Year for the second consecutive year at the seventh annual AR Awards, held at the Mandarin Oriental in New York on Thursday to honor the U.S. hedge fund industry’s top-performing managers.
Bridgewater’s Pure Alpha Trading fund was named Global Macro Fund of the year.
The Renaissance Institutional Equities fund took the coveted Fund of the Year prize. Other winners of the seventeen awards handed out included York Capital Management for long-term performance, Brevan Howard Asset Management for its U.S.-focused Credit Catalysts fund, and Candlewood Group’s structured credit fund for new fund of the year.
The winners were determined using an objective quantitative analysis of returns...