Bridgewater Hires Ex-Apple Exec as Co-CEO
Jon Rubinstein will take on management responsibilities while Greg Jensen will remain as co-CIO.
The billionaire investor urged the company to repurchase shares now using its $113 billion cash pile.
Institutions might be willing to maintain their bet on concentrated markets, if top-performing equities grind higher.
Tech stocks remained the $527.3 billion pension fund’s top holdings, led by Nvidia, Microsoft, and Apple, despite dumping 22% of its Alphabet shares.
A police pension fund in Florida claims the company deceitfully hid the potential financial risks of celebrating Pride Month.