Can Bridgewater maintain its dominance?

Wed Jun 30, 2010

Email a friend
  • To include more than one recipient, please seperate each email address with a semi-colon ';', to a maximum of 5 email addresses



AR is now accepting votes for the Hedge Fund Report Card. Have investors’ views changed?


When we launched the AR Hedge Fund Report Card last fall, Bridgewater Associates was a clear cut winner in the eyes of hedge fund investors-landing in the top ranks of nearly all six categories examined in the survey. Following a year plagued by significant losses and the Madoff scandal, investors were eager to voice their opinions of the hedge funds they were invested in.

Bridgewater took the number one spot in the inaugural Hedge Fund Report Card due to high marks in some of the areas of biggest concern for investors, including liquidity terms, transparency and independent oversight. Tudor Investment Corp and Paulson & Co. came in second, trailing by less than a point.

Now, a year later, and absent the massive redemptions and losses that infuriated investors at the end of 2008, the big question is whether investors' views have changed-and whether some of the funds have changed significantly in areas where they ranked poorly.

Beginning in May, AR began soliciting investors' input on the top 50 firms in the AR Billion Dollar Club. With voting well underway, AR has once again begun looking at how the industry's largest hedge funds stack up against one another in the categories of alignment of interests; independent oversight; alpha generation; transparency; infrastructure and liquidity terms, and the importance investors ascribe to each of these categories.

If you have yet to vote in this year's AR Hedge Fund Report Card and are interested in weighing in on the industry's largest firms, please take a few minutes to fill out this year's ballot and email your response to Britt Erica Tunick (btunick@absolutereturn.net).