Even Ken Griffin is a little worried. Multimanager funds like Griffin’s Citadel have come to dominate the hedge fund industry, riding a steady run of outperformance to oversee more than $1 trillion, including a healthy dose of leverage.
Billionaire Ray Dalio, the founder of Bridgewater Associates, said the US is seeing stubbornly high inflation along with elevated real interest rates.
Stanley Druckenmiller has a warning for Wall Street: The sharp decline in the stock market isn’t over just yet.
A California county’s $21 billion pension is considering whether to drop Ray Dalio’s hedge fund after it underperformed for most of the past 16 years.
Hedge fund launches this year are on pace to match last year’s numbers, even as returns have been more subdued than 2020’s big gains.
Eileen Murray, who departed Bridgewater in April and will become Finra's chairman in August, is the longest tenured executive at the firm other than founder Ray Dalio.
After years of losing both clients and clout in financial markets, signs are emerging that hedge funds are back in favor in the U.S.
Downturns of this magnitude are so dramatic that they inevitably produce a “new world order” with a very uneven distribution of winners and losers, he maintains.