Oct 17- Bets on expensive but poorly performing hedge funds have cost pensioners in New York $3.8 billion in the last eight years, according to a report published by the state's financial regulator on Monday. "Hedge fund managers continue to reap hundreds of millions of dollars in fees, regardless of their performance, which is a rip-off at the expense of...
BOSTON, Oct 10- The University of Texas said on Monday that Bruce Zimmerman, who invested some $37 billion on behalf of the public university system, has resigned after nearly a decade on the job. He started in the position in 2007 when total assets at UTIMCO, which manages money for the University of Texas, Texas A&M University and the Permanent University fund,...
Bridgewater Associates, the world’s largest hedge fund by assets, announces a firm-wide “renovation” that will include employee layoffs.
CNBC's Kate Kelly reports investment titans had warnings for investors at the 2016 Delivering Alpha Conference in New York City.
Comments from investors at the Delivering Alpha conference added fuel to an already sour mood in markets and concerns that central banks just can't get it right.
NEW YORK, Sept 13- The economic environment is too fragile for the Federal Reserve to raise interest rates this month, Ray Dalio of Bridgewater Associates, one of the world's largest and most closely watched hedge fund investors, said on Tuesday. "The risks are so much more on the downside," Dalio, chairman and co-chief investment officer of the $150 billion...
NEW YORK, Sept 13- Ray Dalio of Bridgewater Associates, one of the world's largest and most closely-watched hedge fund investors, said Tuesday that the economic environment is too fragile for the U.S. "The risks are so much more on the downside," Dalio, chairman and co-chief investment officer of $150 billion Bridgewater, said Tuesday at the CNBC Institutional...
Given a menu of all the challenges facing economic growth, the former Treasury secretary believes the U.S. political situation is the worst.
At the Delivering Alpha Conference, Ray Dalio, Bridgewater Associates Founder, and Tim Geithner, Former Treasury Secretary, speak to CNBC's Andrew Ross Sorkin about growth in the U.S. and global economy.
Giants of investing, business and policy will talk about the state of markets and the economy at the Delivering Alpha conference.
Founder, Bridgewater Associates
The world's largest hedge fund responds to the published story, calling it a 'distortion of reality.'
Billionaire Ray Dalio's hedge fund responds to a New York Times story that reported a culture of "fear and intimidation."
One employee filed a complaint earlier this year, saying the hedge fund is like a 'cauldron of fear and intimidation.'
Complaint and interviews with ex-employees of the world’s largest hedge fund describe an atmosphere of surveillance that silences those who don’t fit.
Bridgewater Associates, the $154-billion hedge fund run by Ray Dalio, is telling recruitment firms to cancel interviews with potential employees.
Bridgewater is telling recruitment firms to cancel interviews with prospective employees, according to three people briefed on the matter.
Bridgewater Associates, the biggest hedge fund in the world, took a big loss to start the year, according to one report.
NEW YORK, June 24- Future referendums on leaving the European Union could cause even greater turmoil than the volatility around Britain's exit, according to Bridgewater Associates. "If the UK leaving the EU caused a 10 percent swing, what would a set of political events that raised questions about the future functioning of the ECB cause?" Bridgewater, based in...
The hedge fund "billionaires' club" grows even after some of the biggest hedge funds struggled in 2015.