Bridgewater & Marshall Wace Funds Surge Despite Market Challenges
Bridgewater Associates and Marshall Wace, two prominent hedge fund managers, have reported strong performance for their funds in the year-to-date period ending September 29, 2025. Despite market challenges, Bridgewater's Pure Alpha and All Weather funds surged, while Marshall Wace's Market Neutral Tops and Eureka funds also showed impressive returns.
Bridgewater's All Weather fund returned a commendable 15.3% year-to-date, demonstrating its resilience amidst market fluctuations. The Pure Alpha fund, meanwhile, surged by an impressive 26% during the same period. These robust performances came despite Bridgewater undergoing significant leadership changes in late 2025, with founder Ray Dalio stepping down and the Brunei Investment Agency acquiring a minority stake. Despite a decline in assets under management, certain funds like Pure Alpha and All Weather continued to deliver strong results.
Global equities climbed 3.4% in September 2025, with hedge funds returning 1.3% for the month. Marshall Wace's Market Neutral Tops fund returned 13.66% year-to-date, while the Eureka Fund returned 8.04%. Systematic stock-trading hedge funds, such as Marshall Wace, have seen an overall increase of over 13% for 2025 so far, according to Goldman Sachs.
Bridgewater's China Total Return fund and Asia Total Return fund also performed exceptionally well, returning 28.4% and 32.5% respectively year-to-date. These strong performances indicate that despite market uncertainties and leadership changes, these funds continue to deliver impressive results, boding well for investors.