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Co-CEO David McCormick will serve as the sole CEO of Bridgewater following Murray's departure, the firm said in a press release.
Ray Dalio’s top fund is having a rough year — and now one of Asia’s biggest lenders is telling clients to pull their money out
Bridgewater's top fund, Pure Alpha, fell 6% through August 23, while other similar macro funds pared gains.
Ray Dalio’s hedge fund has bet more than $1 billion that global stocks will tumble by March, WSJ says
Bridgewater Associates has reportedly built up a position of put options that will make money if US and European stock indexes fall.
"There is a trade war, there is a technology war, there is a geopolitical war, and there could be a capital war," the billionaire said on Thursday.
Ray Dalio warns of a a ‘great sag’ in the global business cycle, and central banks can’t do much to stop it
The hedge fund mogul warned that the global economy is stuck, and further rate cuts from central banks won't provide much stimulus.
Hedge-fund billionaire Ray Dalio took career questions from LinkedIn users. Here are his 8 most valuable insights.
Users asked Dalio about everything from how his principles apply to women, to introducing "radical transparency" in a less accepting workplace.
Billionaire Ray Dalio showed up at Burning Man in a tie-dye fur coat and said it was like Woodstock but with ‘less good music’
The 70-year-old billionaire tweeted a photo of himself at Burning Man sporting the coat and lavish bell-bottoms.
The hedge-fund manager views China as a competitor to the US, and says investors should have "bets on both horses in the race."
The hedge-fund boss said the best investments will "do well when the value of money is being depreciated and domestic and international conflicts are significant."
A former Apple and Bridgewater exec is selling his Mexico mansion for $20 million. Take a look inside the 7-bedroom home, which comes with 206 feet of...
Jon Rubinstein was one of Apple's earliest employees and also served as co-CEO of the world's largest hedge fund, Bridgewater Associates.