Wednesday, March 4, 2009

Ray Dalio Is Proud Owner Of World's Largest Hedge Fund

Ray Dalio's phenomenal track record has finally caught up with him, as his Bridgewater Associates is now the world's largest hedge fund measured by assets under management. Nonetheless, his positioning may be precarious due to his close relationships with sovereign wealth funds such as ADIA, who, as we wrote previously, are experiencing significant losses and may eventually be forced to collect some of their cash from whatever readily available sources they have.

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