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The Latest Breaking News from Bridgewater

Ray Dalio Says 'Will Play Markets Till I Die' After Giving Up Control Of World's Largest Hedge Fund

After relinquishing control of the world's largest hedge fund, Ray Dalio, the founder of

Benzinga

Ray Dalio, founder of Bridgewater Associates, steps down from leadership of world’s largest hedge fund

Ray Dalio announced Tuesday he’s ceding control of Bridgewater Associates, 47 years after he founded the hedge fund that’s become the world’s largest.

Tribune News Service

Ray Dalio transfers control of Bridgewater Associates

"I feel great about the people and 'machine' now in control," Dalio tweeted.

Axios

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Founder Of World's Largest Hedge Fund Rails Against Fed, Predicts 20% Stock Plummet

The Federal Reserve's raising of interest rates could bring the economy "down," according to billionaire Ray Dalio. In a recent LinkedIn post, the Bridgewater Associates founder said increasing interest rates to about 4.5% — meant to offset inflation — will cause stock prices to plummet by 20%.

Benzinga

Ray Dalio's Hedge Fund Thinks Wall Street Could Be In For More Pain

The world’s largest hedge fund Bridgewater Associates, led by billionaire Ray Dalio, has a warning for investors related to an economic slowdown in the United States.

Benzinga

Coinbase Draws Inspiration From Ray Dalio And Asks Employees To Rate Each Other

Crypto exchange Coinbase Global Inc (CRYPTO: COIN) is reportedly testing out a management ethos called “radical transparency” that has been employed by Ray Dalio’s Bridgewater Associates.

Benzinga

Coinbase has been testing an app that allows staff to rate each other

Dot Collector was first implemented by Bridgewater Associates, a prolific hedgefund, to encourage transparency.

Input

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You Can Invest Like Ray Dalio's Firm and Buy AMC Entertainment Stock

AMC Entertainment Holdings (AMC) is more than just a meme stock as the company posts favorable financials and makes a value-added acquisition.

StockNews.com

Pa. Senate candidate McCormick earned $22M as hedge fund CEO

Dave McCormick earned more than $22 million last year as CEO of the world’s largest hedge fund — the job he quit to run for U.S. Senate in Pennsylvania

The Independent UK

Donald Trump and the Republicans’ midterm dilemma

The party’s candidates in Pennsylvania are appealing to supporters of the former president, but that could backfire in the election

Financial Times

How Pennsylvania's major pension plan fell out of love with Bridgewater, the world's biggest hedge fund

At the peak, the PSERS retirement plan gave almost $5 billion to Bridgewater Associates to invest, paying it among the plan's highest fees, as well — nearly $700 million since 2004. Bridgewater was the plan's biggest outside money manager.

The Philadelphia Inquirer

GOP Senate candidate Mehmet Oz says his opponent's hedge fund costs Pennsylvania taxpayers

HARRISBURG, Pa. — Republican U.S. Senate candidate Mehmet Oz on Tuesday sought to attack GOP front-runner David McCormick for his role in leading a hedge fund that made hundreds of millions of dollars from the embattled Pennsylvania school pension fund, PSERS.

The Philadelphia Inquirer

Dr. Oz and former Bridgewater CEO fight over Trump voters for Pennsylvania Senate seat

PHILADELPHIA — Former Bridgewater Associates CEO David McCormick and celebrity physician Mehmet Oz have already shattered spending records in their Republican primary battle for a U.S. Senate seat in Pennsylvania that is pivotal to party efforts to retake control of Congress.

Tribune News Service

Ole Gunnar Solskjaer's daughter Karna makes history with Man Utd debut

Ole Gunnar Solskjaer proudly watched on as daughter Karna made history by earning her debut for Manchester United Women in their 2-0 FA Cup win at Bridgewater on Sunday

Daily Mirror

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