Bridgewater, the largest hedge fund in the world, has appointed two new CEOs. Nir Bar Dea, who is being promoted from his current role as deputy chief executive of Bridgewater, and Mark Bertolini, a member of the board of Bridgewater. Bar Dea, 40, has been with Bridgewater since 2015; he has been deputy CEO since …
Tag Archives: Bridgewater Associates
Dalio Endorses Crypto as Alternative to Gold
Founder of the world’s largest hedge fund, Ray Dalio, a skeptic of bitcoin, has changed his mind and now says cryptocurrency should be a part of a well-balanced investment portfolio. The founder of Bridgewater Associates says that bitcoin “could serve as a diversifier to gold and other such store holds of wealth assets.” Dalio has …
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Bridgewater Associates Changes Direction During 3Q 2020
A look at Bridgewater’s 13F filed with the US SEC reveals that Ray Dalio’s hedge fund firm has invested about half a billion dollars into some of the world’s largest firms while withdrawing from an ETF that tracks large-cap US equities and positions in three China ETFs. The moves were made during the 3rd quarter …
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Bridgewater’s Dalio Looking to Golden Lifeboat
Traditionally gold is where investors park their money in troubled times, such as inflation or a rocky stock market. But with inflation low and the market reaching historic highs, why would Ray Dalio, the superstar hedge fund manager of the world’s largest hedge fund, Bridgewater Associates, recommend a move to gold. Dalio is predicting that …
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