Associate Ray Dalio News Today

The billionaire investor says cash for now is one of the best places for investors to park their money.

The billionaire investor says cash for now is one of the best places for investors to park their money.

(Bloomberg) -- Risk assets got pummeled as fresh turmoil at Credit Suisse Group AG days after the collapse of some American regional banks spurred a frantic rush for cover, evoking memories of the 2008 global financial crisis and bolstering speculation that major central banks will have to hit the brakes on tightening to prevent a harsher economic landing. Traders on edge hit the sell button on equities as a plunge in the Swiss lender’s shares ignited a financial industry selloff, engulfing ev...

The family office for Nicky Oppenheimer and his son Jonathan has set up an outpost in Singapore to boost its Asia exposure and partner with the region’s wealthy.