Hedge fund Bridgewater's assets down to $92.1 billion in 2024
NEW YORK, March 31 (Reuters) - Bridgewater Associates' assets under management fell 18.1% in 2024 to $92.1 billion, according to a regulatory filing, in a period when its flagship fund posted a double-digit return.
The amount of money managed by Bridgewater, known as one of the world's biggest hedge funds, has dwindled in recent years. The firm had approximately $150 billion in assets in 2021, according to a statement about the launch of a new strategy four years ago.
Assets last year fell about $20 billion from 2023, according to the March 28 filing.
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