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Ray Dalio gives up control of Bridgewater

Ray Dalio founded Bridgewater from his two-bedroom New York City apartment and built it into the world’s biggest hedge fund. Now the billionaire is finally letting go. ....

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Legendary investor Ray Dalio is finally giving up control of Bridgewater Capital after a 12 year process

After 12 years of trying, Ray Dalio is finally letting go. The billionaire founder of Bridgewater Associates has given up control of the firm he built ....

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Ray Dalio Gives up Control of Bridgewater and Steps Down As Co-CIO

He will retain a minority stake, keep a seat on the board, and take on the title of founder and CIO mentor, according to Bloomberg. ....

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ASX to rise as Wall Street rallies; ASIC sues Harvey Norman, Latitude

ANZ lifts RBA peak rate forecast to 3.6pc. ASIC sues Harvey Norman, Latitude for misleading ads. Musk revives Twitter bid, shares spike. Ray Dalio gives up control at Bridgewater. Link entertains fresh D&D offer for parts. Follow for updates. ....

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Ray Dalio, founder of CT's Bridgewater Associates, steps down from leadership of world's largest hedge fund – Hartford Courant

Dalio, a former Wall Street trader, said in his posts on Twitter he started Bridgewater with two others in his two-bedroom apartment. Bridgewater is now a “multi-generation institution” with 1,300 people, he said. ....

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