Manager Selection
Bridgewater Promotes Karniol-Tambour to Co-CIO
Formerly co-CIO of sustainability, she joins Greg Jensen and Bob Prince in managing the $150 billion hedge fund’s portfolio.
Tag: Bridgewater Associates
Newsmakers
Ray Dalio, After a Long Run, Steps Down as Bridgewater’s Chief
With 47 years heading what’s now the biggest hedge fund firm, the 73-year-old investment guru hands over control to a younger generation.
Newsmakers
Dalio’s Magic Number for Tanking the Economy
At a 4.5% benchmark interest rate, economic growth will start to suffer, hedge fund guru says.
Shakeups at Carlyle, Apollo Underscore Need for Succession Planning
There may be more scrutiny of publicly traded private equity firms in the current investment landscape.
Corporate Moves
Dalio’s Bridgewater Associates Appoints Two Investment Chiefs to Head Sustainability Venture
Karen Karniol-Tambour was formerly head of research at the hedge fund; Carsten Stendevad was previously chief executive at ATP.
Market Moves
Owning Bonds Is ‘Stupid,’ and They’re in a ‘Bubble,’ Says Ray Dalio
Small yields, high prices, and too much supply spell trouble, hedge fund chief warns.
Asset Management Culture
Ray Dalio Sides with Chinese Regulators over Jack Ma
Foiled IPOs be damned, diversifying into China is worth the risk, according to the Bridgewater founder.
Market Moves
Ray Dalio Sounds the Alarm about a Rising China
US weaknesses give the world’s second largest economy an opening, he warns.
Newsmakers
Support Grows for US Creating a Sovereign Wealth Fund
Ray Dalio, Joseph Stiglitz say such a move could help close the wealth inequality gap.
Asset Allocation
Ray Dalio Fund’s Assets Tumbled 15% During Pandemic Crash
The world’s largest hedge fund took a long tilt in its positions leading up to the market dive, underestimating the coronavirus threat.
Coronavirus - COVID-19
Ray Dalio Says US Corporations Will Lose $4 Trillion to Coronavirus
The amount of money needed globally could notch up to $12 trillion, he said.
Asset Management Culture
Flagship Bridgewater Fund Reportedly Tumbles 20% From Coronavirus
Founder Ray Dalio has admitted being taken by surprise by the economic impact.
Market Moves
Ray Dalio Says China Virus’ Market Impact Will Be Minimal
The effect of the outbreak has been ‘exaggerated,’ hedge fund honcho declares.
Market Moves
Ray Dalio’s Flagship Fund Takes a Rare Tumble
Pure Alpha, which clocked a 14% advance in 2018, has lost 6% thus far this year.
Newsmakers
Robin Diamonte to Receive CIO’s 2019 Lifetime Achievement Award
UTC’s CIO, considered by many to be a master of the industry, to be honored during awards night at NY Public Library.