Bridgewater's Ray Dalio has a bleak outlook for investors over the next decade.» Read More
Nov 13- Jeffrey Gundlach, co-founder of DoubleLine Capital, said the U.S. stock market is the "only game in town" as the Dow and the S&P 500 closed at record highs on Wednesday, though he would be hesitant to add new money because "I don't like buying high."
That's the upshot from hedge fund guru Ray Dalio, who thinks investing alpha, or outperformance, will be in short supply in coming years. Dalio, the founder of $120 billion hedge fund firm Bridgewater Associates, thinks the Fed is getting diminishing returns from its bond buying.
This could be too tall an order because Washington is already slashing spending on almost everything but the welfare state. To go further, Congress would likely have to make cuts in sacrosanct programs like pensions and healthcare for the elderly, something lawmakers appear loath to do.
NEW YORK, Sept 11- Investors bracing for the U.S. Markets like Brazil and India, which must import capital to finance spending, will feel the squeeze. They haven't had to try very hard to attract it, "said Morgan Stanley strategist James Lord."
NEW YORK, July 5- It's shaping up to be a brutal summer for bond investors as the bloodbath in the U.S. credit market shows no signs of letting up, even as nearly $80 billion has already been wiped from funds.
NEW YORK, July 2- SAC Capital Advisors, the hedge fund firm run by billionaire Steven A. Cohen that has been under intense scrutiny as part of an insider trading investigation, posted a surprisingly strong return in June amid a global market sell-off.
NEW YORK, June 24- A $70 billion portfolio managed by hedge fund titan Ray Dalio's Bridgewater Associates and widely held by many pension funds to survive stormy markets is emerging as a big loser in the recent selloff in global markets.
Several hedge fund leaders who had giant paydays last year earned their riches the old-fashioned way: by posting big returns on their investments. The New York Times reports.
"Am I a great investor? Not yet," Pimco's Bill Gross writes in an essay titled "Man in the Mirror." The real test of greatness will be adapting to a new era once the epoch of credit expansion comes to a close.