Bridgewater exits Ray Dalio era with hedge fund overhaul, bets on AI, job cuts
Bridgewater is capping the size of its flagship funds, investing in AI and cutting about 100 jobs in a workforce of roughly 1,300.
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Bridgewater is capping the size of its flagship funds, investing in AI and cutting about 100 jobs in a workforce of roughly 1,300.
But the world’s largest macro firm continues to stick with its bearish conviction.
While markets have made a strong recovery, the prospect of more rate rises looms.
Bob Prince, who helps manage the world s largest hedge fund, said we re seeing the return of the boom bust cycle and more people need to lose their jo...
We have a risk management balance to strike, and we think that slowing down at this point is a good way to balance the risks of over-tightening.