Hedge fund Bridgewater shakes up leadership after a losing year
Bridgewater Associates is shuffling its management ranks after one of the most challenging years in the hedge-fund giant’s history.
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Bridgewater Associates is shuffling its management ranks after one of the most challenging years in the hedge-fund giant’s history.
Hedge Fund and Insider Trading News: Bill Ackman, Ken Griffin, Ray Dalio, Leon Cooperman, Fiserv Inc (FISV), Bumble Inc (BMBL), and More Citadel, defended his $2 billion investment in short seller Gabe Plotkin’s Melvin Capital last month amid the height of the GameStop mania. “No, I think Gabe Plotkin is one of the finest investors of his generation,” Griffin told CNBC’s Andrew Ross Sorkin on “Squawk Box.” The comment was in response to a question from Sorkin about whether Griffin’s investment was a mistake because it created questions about Griffin’s motivations in propping ...