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Hedge fund manager Ray Dalio is one of the most respected names in the industry and his Bridgewater Associates among the largest hedge funds in ...

China will vie to become world financial centre, says Ray Dalio 9 Jan, 2021 08:45 PM 3 minutes to read Bridgewater Associates' billionaire founder Ray Dalio. Photo / Getty Financial Times By: Robin Wigglesworth China will emerge as a rival to New York and London as the world's financial centre, according to Bridgewater founder Ray Dalio, who is betting heavily on what would be an epochal shift in the global economy. 2020 was a "defining year" for Chinese financial markets, the co-chief investment officer of the world's biggest hedge fund told the Financial Times last month, ...

His Bridgewater hedge firm and Lyxor will offer climate-friendly investing vehicle in Europe in 2021. Ray Dalio’s hedge fund firm, Bridgewater Associates, is launching a sustainability strategy in Europe, upping its exposure to the environmental, social, and governance (ESG) investing trend. Bridgewater, the world’s largest hedge operation with $140 billion in assets, aims to open a sustainable fund next year. Dalio is no stranger to ESG efforts: In 2018, he and fellow billionaire Mike Bloomberg announced a marine biology venture focused on ocean conservation. Bridgewater previously has a...