Newsmakers
Mark Baumgartner Will Join Dalio Family Office as CIO
Baumgartner has been CIO of the Carnegie Corp. of New York since 2020.
Tag: Ray Dalio
Manager Selection
Bridgewater Promotes Karniol-Tambour to Co-CIO
Formerly co-CIO of sustainability, she joins Greg Jensen and Bob Prince in managing the $150 billion hedge fund’s portfolio.
This Decade Will Be a Downer for the Stock Market: Heard That One Before?
Historically, bad news and painful slumps like today’s inspire blah predictions. Funny thing how wrong they’ve been.
The Problem with Pulling Out of China
Many U.S. and other nations’ companies are thinking about transferring elsewhere. Easier said than done. Investors could be collateral damage.
Newsmakers
Ray Dalio, After a Long Run, Steps Down as Bridgewater’s Chief
With 47 years heading what’s now the biggest hedge fund firm, the 73-year-old investment guru hands over control to a younger generation.
Newsmakers
Dalio’s Magic Number for Tanking the Economy
At a 4.5% benchmark interest rate, economic growth will start to suffer, hedge fund guru says.
Shakeups at Carlyle, Apollo Underscore Need for Succession Planning
There may be more scrutiny of publicly traded private equity firms in the current investment landscape.
Asset Allocation
Dalio, Making the Case for Pessimism, Has Thrived This Year by Selling Short
The philosophical hedge fund honcho scored big in the first half, betting against European companies.
Asset Allocation
Why Is OCERS Looking at Dumping Ray Dalio’s Prized Hedge Fund?
The California county pension program says his Bridgewater Pure Alpha has been dogging it since 2015.
Market Moves
Dalio’s and Summers’ Dim View on Inflation, Markets, the Economy
The hedge fund honcho and the Harvard economist deride benign forecasts, like the Fed’s.
Look Out, Dollar: The Yuan Will Keep Surging, Says Ray Dalio
Just a minor player globally, the Chinese currency will expand its use a lot over the next decade, the hedge fund honcho predicts.
Asset Allocation
Op-Ed: Where Buffett and Dalio Are Wrong on Bonds
Mark Holman, CEO and portfolio manager of TwentyFour Asset Management, argues that the two famed investors are ignoring compelling opportunities in the fixed income markets.
Corporate Moves
Dalio’s Bridgewater Associates Appoints Two Investment Chiefs to Head Sustainability Venture
Karen Karniol-Tambour was formerly head of research at the hedge fund; Carsten Stendevad was previously chief executive at ATP.
Market Moves
Owning Bonds Is ‘Stupid,’ and They’re in a ‘Bubble,’ Says Ray Dalio
Small yields, high prices, and too much supply spell trouble, hedge fund chief warns.
Risk
Ray Dalio Warns Janet Yellen About Perils of a Weaker Dollar
The hedge fund chief cautions the new Treasury secretary against complacency over the greenback’s continued role as the world’s reserve currency.