Each investment manager has one best way of producing alpha. Pure Alpha® is Bridgewater's best way, as it represents all of Bridgewater's active management capabilities combined into a single, highly diversified alpha strategy. The strategy incorporates all of the proprietary fixed income, currency, equity and commodity trading strategies we have developed over the course of 30 years into one diversified alpha engine.

Pure Alpha is a highly flexible and portable strategy by design. We can tailor the aggressiveness of the strategy to each client's risk and return preferences. The strategy can also be overlaid onto any client-specified benchmark. As a result, Pure Alpha can be implemented in a variety of ways, from a "hedge fund" style strategy (managed over a cash benchmark with higher volatility), to an "enhanced-index" or "core plus" strategy (over a stock or bond benchmark with lower volatility), to a "global tactical asset allocation" strategy (overlaid onto a multi-asset class benchmark).