Hedge Crunch FinancialBridgewater Associates
2 New Leaders at Bridgewater
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 […]
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 […]
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 […]
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 […]
Brazil is Bridgewater’s New Best Bet
Until recently Bridgewater Associates, the world’s largest hedge fund has been a big investor in the China market. Another region has caught the interest of the $160 billion Connecticut- based fund, and that is Brazil. Analysts at Bridgewater recently told Reuters they have their eyes on Brazil and expect it to become the country with […]
Klarman and Dalio Pessimistic in Davos
Hedge Fund superstars, Ray Dalio and Seth Klarman, both expressed worry over the global economy during the annual World Economic Forum that meets each year in Davos, Switzerland. Klarman’s dire warning was issued in a letter and caused a buzz at the prestigious conference. Called the next Warren Buffett by some, Klarman runs the Baupost […]
Top 25 Fund Managers Earned $15.38 Billion Collectively in 2017
Hedge funds seem to be rebounding from their years-long slump, with 2017 being spectacularly lucrative for the extremely lucky few. Four hedge fund managers realized personal annual earnings topping the one-billion-dollar mark, an astronomically good years wages by anyone’s standards. Those four include James Simons of Renaissance Technologies with a sweet $1.7 billion; David Tepper […]
For Vanessa Selbst, Hedge Funds is Just a New Kind of Gambling
Vanessa Selbst, the world’s most successful female poker player, is making the not-so-big switch to the world of high finance as she joins mega-hedge fund manager Bridgewater Associates. Over the past 12 years Selbst has racked in a nice $11.9 million playing tournament poker. Although her new job has not been announced publicly, she did […]
Bridgewater Losing Another Top Exec
Bridgewater Associates, the world’s largest hedge fund, is saying good-bye to marketing head Parag Shah, who “recently agreed to step aside,” according to a Wall Street Journal report. Shah has been with Bridgewater, which controls $160 billion, since 2002. He will stay on the payroll during a “period of transition.” It is not a shock […]