On January 7, Bridgewater, the world's largest hedge fund, cut 7% of its workforce on Monday in an effort to keep the company's organizational structure lean and ensure it can hire top talent flexibly, according to a person familiar with the matter. The cuts affect about 90 employees. The company's current headcount has returned to 2023 levels and will continue to hire selectively, the person said. A spokesperson for Bridgewater said, "For the past three years, Bridgewater has focused on growing...
Karen Karniol-Tambour, chief co-investment officer at Bridgewater Fund, said on Tuesday that holding U.S. stocks is a "good thing" and that she expects strong economic growth under President Trump. Karniol-Tambour said the outlook for U.S. economic growth has pushed stocks higher, even as 10-year Treasury yields rose to a four-month high following Trump's victory in the November 5 presidential election. "We may still have room to grow, even with tariffs, and there are a lot of unknowns," she sai...
Ray Dalio, the founder of Bridgewater, said the 2024 U.S. election could be the most important of his life, and that he believes the country needs a "strong leader from the center." In an interview on Thursday, Mr. Dalio explained that the United States should aim for "broad prosperity," and that the presidential election highlighted the challenges of a functioning society. Asked which presidential candidate he would support, Dalio said, "Neither is what the country needs." He said: "...
Dalio, founder of Bridgewater Fund, said the Fed would be right to cut rates by 25 basis points; if mortgages are taken into account, a 50 basis point cut is required.
September 3rd news, since the beginning of this year, the price of gold has repeatedly hit new highs, attracting market attention, and a large number of investors have flocked to buy. Correspondingly, in the midst of the praise for the rise in gold prices, the global hedge fund giant Bridgewater is retreating rapidly. Regular reports from multiple gold ETFs show that Bridgewater (China), which has firmly held gold ETFs since mid-2022, sold heavily in the first half of this year. For example, at ...