Bridgewater Associates, one of the most prominent macro hedge funds, is reflecting the integration of sustainability in its research process with two senior appointments. It is also about to launch a UCITS version of its All Weather strategy that is aligned with the UN Sustainable Development Goals (SDGs).
Bridgewater, a systematic top-down macro investor across asset classes with AUM of $150bn (€123bn), has appointed Carsten Stendevad, former CEO of the Danish labour market pension fund ATP, and Karen Karniol-Tambour, the long-time head of investment research, as co-chief investment officers for sustainability.
The appointments recognise the sustainability research that the firm has been doing for a number of years. Indeed, Bridgewater says that sustainability is now so embedded in all aspects of the economy that it has become a core component of any serious economic analysis.
Bridgewater Associates Review
Bridgewater Associates, LP is an investment management firm with more than $15 billion in assets under management (AUM). It currently manages a total of 66 pooled investment vehicles, 36 of which are hedge funds. The firm currently employs 357 advisors.
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Bridgewater Associates Background
Bridgewater started its investment operations in 1975 and initially provided consulting services in global markets. Currently, the firm s primary focus is institutional portfolio management. The firm also publishes a flagship research publication called The Bridgewater Daily Observations.
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