Bridgewater’s flagship fund books 33% gain in record-breaking 2025

December 31, 2025 3:47 PM EST

Investing.com -- Bridgewater Associates posted its highest profits in 50 years in 2025, with its flagship Pure Alpha fund delivering a 33% gain through December 29.

The hedge fund, founded by legendary investor Ray Dalio and now led by Chief Executive Nir Bar Dea, outperformed the S&P 500, which rose 16.97% during the same period, according to a Reuters report on Wednesday.

Bridgewater’s other funds also delivered strong results, with the All Weather fund rising 20.4%, while its Asia Total Return fund surged 36.9% and the China Total Return fund jumped 34.2%, the report said.

The firm, which managed approximately $92 billion in assets as of September 30, has expanded its investment strategies in recent years. Its AIA Macro fund, which uses artificial intelligence to make investment decisions, delivered an 11.9% return during the same period.

Bridgewater has also launched an exchange-traded fund in partnership with State Street Global Advisors as part of its new strategic initiatives.

The strong performance comes during a robust year for U.S. markets, with the S&P 500, Dow Jones Industrial Average, and Nasdaq on track to post double-digit gains in 2025. This would mark their third consecutive year of positive returns, a streak last seen during 2019-2021.


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