Pure Alpha News Today

When billionaire Ray Dalio left his empire Bridgewater Associates in 2022, the inflation storm and economic uncertainties were pummeling the financial markets.

Bridgewater Associates has promoted Joanna Alpert, its China general manager, as head of a recently launched business unit focused on managing and creating new investment products. ... -May 22, 2024 at 02:53 pm EDT - MarketScreener

Bridgewater Associates CEO Nir Bar Dea cautions investors about overconfidence amidst global geopolitical uncertainties.

(Bloomberg) -- When Ray Dalio finally gave up the reins of Bridgewater Associates 18 months ago, he ceded control of the world’s biggest hedge fund to a younger generation. He also left behind a firm confronting restless investors after years of lackluster returns. Most Read from BloombergUS Oil Suppliers Muscling Into OPEC+ Markets All Over the WorldErdogan Suffers Shock Defeat in Turkey’s Municipal ElectionsChina Factory Activity Expands for First Time in Six MonthsAT&T Says...

Carrie Sun landed an interview at a secretive investment Wall Street firm thanks to a recruiter and 10 personal references.

No other hedge fund comes close to Ken Griffin’s $74 billion in all-time gains, according to a new LCH Investments report ranking top 20 all-time managers, but one British fund generated more gains in 2023.

Hedge fund manager Bridgewater Associates flagship Pure Alpha fund lost 7.6% last year, a source familiar with the matter said on Thursday. The performance came amid a rally in U.S.... -January 04, 2024 at 02:54 pm EST - MarketScreener

(Bloomberg) -- Bridgewater Associates’s flagship hedge fund lost 7.6% last year, with all of the drop coming in the last two months of 2023, according to people familiar with its performance.Most Read from BloombergIslamic State Claims Responsibility for Deadly Iran BlastsJust a Billion Doesn't Cut It on This Exclusive Florida IslandConfidential Jeffrey Epstein Documents Unsealed by New York CourtDeadly Iran Blasts and Red Sea Warnings Fan Mideast TensionsTech Rout Set for Longest Lo...

An executive pushed out in Nir Bar Dea’s first major corporate overhaul accused the company of favouritism, prompting an investigation by an outside law firm.

(Bloomberg) -- This spring, Nir Bar Dea finally got the role he’d been working toward for years, becoming sole chief executive officer of the world’s biggest hedge fund.Most Read from BloombergThe Late-Night Email to Tim Cook That Set the Apple Watch Saga in MotionChinese Carmaker Overtakes Tesla as World’s Most Popular EV MakerApple Resumes Sale of Watches After Appeals Court Lifts US BanTesla Plans Revamp of Smash Hit Model Y From China PlantGhost Ships at Reawakened North...