Absolute Return also revisits Highbridge cutting staff in a tough year.
One year ago
>> Bridgewater Associates, the largest hedge fund firm in the world, pushed for even more assets with a new daily liquidity version of its popular leveraged-beta All Weather Strategy.
The new fund, dubbed Bridgewater All Weather Portfolio III, was said to be aimed at institutional clients who wanted to invest their corporate defined contribution plans while constantly shifting asset allocations towards a target retirement date. Returns for that exact fund were not immediately available--Bridgewater spokesman Parag Shah did not respond to an inquiry--but the original All Weather 12% strategy is up 16.3% this year through