Markets

Ray Dalio’s hedge fund poured about half a billion dollars into Walmart, Alibaba, and Coca Cola, and dumped large positions in China-focused ETFs in the 3rd-quarter

Investing legend Ray Dalio’s hedge fund poured millions into Alibaba, Walmart, and Coca Cola, and sold some positions in Chinese equity ETFs in the third quarter this year. The billionaire also invested heavily in McDonald’s, Abbott Labs, Procter & Gamble, and Johnson & Johnson. While the fund’s largest withdrawal was […]
Ray Dalio’s hedge fund poured about half a billion dollars into Walmart, Alibaba, and Coca Cola, and dumped large positions in China-focused ETFs in the 3rd-quarter
Markets

Ray Dalio’s Bridgewater Associates reportedly lays off dozens of employees

Bridgewater Associates, the world’s largest hedge fund, laid off dozens of employees across the firm this month, the Wall Street Journal reported Friday. The job cuts spanned Bridgewater’s research team, client services, recruiters, audit groups, and the core management team, according to the report. Bridgewater told the Journal that “team […]
Ray Dalio’s Bridgewater Associates reportedly lays off dozens of employees
Markets

Billionaire Ray Dalio is one of the world’s richest hedge fund managers. Here are his best quotes on everything from the markets to meditation.

Hedge fund manager Ray Dalio who runs Bridgewater Associates is one of the world’s wealthiest hedge fund managers. Dalio recently said the American dream “does not exist” and capitalism may collapse if leaders don’t act now. Read more to discover more about his insights into investing and his life principles. […]
Billionaire Ray Dalio is one of the world’s richest hedge fund managers. Here are his best quotes on everything from the markets to meditation.
Markets

Bridgewater co-CEO Eileen Murray is leaving the $160 billion hedge fund

Bridgewater Associates co-CEO Eileen Murray is leaving the $US160 billion hedge fund, according a press release published Tuesday. Murray will step down at the end of next quarter, and co-CEO David McCormick will serve as the sole CEO. According to The Wall Street Journal, Murray was exploring leaving the hedge […]
Bridgewater co-CEO Eileen Murray is leaving the $160 billion hedge fund