The Wall Street Journal reports that the world's biggest hedge-fund firm just got bigger with the launch of one of the largest new funds ever. Bridgewater Associates is nearly finished launching a $10 billion fund, the latest sign of the hedge-fund industry's rebound from the 2008 financial crisis.
Hedge funds are mopping up billions from big investors with few other places to park their cash in an era of ultralow interest rates and volatile stock-market returns. Industry assets as of March 31 topped the peak of early 2008...
Find out more at: http://online.wsj.com/article/SB10001424052702304887904576399983107988642.html?mod=WSJ_hp_LEFTTopStories
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