World Largest Hedge Fund Bridgewater Associates Receives License in China to Launch Private Securities 

World Largest Hedge Fund Bridgewater Associates Receives License in China to Launch Private Securities

The world’s largest hedge fund Bridgewater Associates with $160 billion AUM, has received license in China to launch private securities products in China for qualified institutional and high-net-worth individual investors in China.  The Shanghai-based subsidiary, has received the Private Securities Investment Fund Manager (PFM) license from the Asset Management Association of China in June 2018.

” World Largest Hedge Fund Bridgewater Associates Receives License in China to Launch Private Securities “

Bridgewater Associate is founded in 1975 by Ray Dalio.  Today, the he hedge fund manages about $160 billion for around 350 of the largest global institutional clients including public and corporate pension funds, university endowments, charitable foundations, supranational agencies, sovereign wealth funds, and central banks.

Ray Dalio is one of the wealthiest man in the world with an estimated net worth of more than $17 billion.

Source: China DailyReuters, Bloomberg , Asset Management Association of China, Bridgewater Associates

 

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Top 25 Earning Hedge Fund Managers Earned $11 Billion in 2016

Top 25 Earning Hedge Fund Managers Earned $11 Billion in 2016

The top hedge fund managers earned a combined $11 billion in 2016. Although it sounds alot, its actually the lowest total since 2005, when the top 25 earned just $9.4 billion.  The top two earners James Simons, founder of Renaissance Technologies and Ray Dalio, founder of Bridgewater Associates earned $1.6 billion and $1.4 billion respectively.

“The top two earners James Simons, founder of Renaissance Technologies and Ray Dalio, founder of Bridgewater Associates earned $1.6 billion and $1.4 billion respectively.”

~ CNBC

Nearly half of these hedge funds posted single digit returns in their main funds in 2016. The returns have been lackluster when compared to the Standard & Poor’s 500 stock index which was up 12%, accounting for reinvested dividends. However, some of the firms still generate huge revenues from the fees charged.

Related Reports: CNBC, Institutional Investor Alpha

Video: James Simons on Basic Research – Numberphile

 

Video: Ray Dalio — founder of world’s largest hedge fund — talks his work-life philosophy

Credits: “CBS This Morning” co-host Charlie Rose

 

 


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Bridgewater Associates Earned Almost $5 Billion for Clients

Bridgewater Associates Earned Almost $5 Billion for Clients

Bridgewater Associates earned almost $5 billion for its clients while rivals George Soros and John Paulson lost money. This is according to a report by LCH Investments NV. Bridgewater was the most lucrative of the top 20 hedge funds ranked.  The biggest funds earned $16 billion after fees overall to provide a 2.6% weighted return.

“Bridgewater Associates earned almost $5 billion for its clients while rivals George Soros and John Paulson lost money.”

~Bloomberg

Hedge funds are currently facing a backlash against high fees and poor returns trigged by extremely low interest rates and last year suffered the first withdrawals since the 2009 financial crisis.

Related Reports: Bloomberg

 

About Bridgewater Associates

Bridgewater Associates is focused on understanding how the world works. By having the deepest possible understanding of the global economy and financial markets and translating that understanding into great portfolios and meaningful relationships with institutional clients, we’ve built a distinct track record of success. We’ve done this for over 40 years, by having great people operating in a culture of radical truth and radical transparency.

Today, we manage about $150 billion for approximately 350 of the largest and most sophisticated institutional clients globally, including public and corporate pension funds, university endowments, charitable foundations, supranational agencies, foreign governments, and central banks.

Visit: Bridgewater Associates

 


The Wealth Insider is the world’s leading wealth intelligence for global wealth managers, investments managers, asset managers, high net-worth service providers and wealthy individuals.  Our global workforce seamlessly present the inside news of the most relevant news, insights, global wealth trends, innovation & digital transformation to our global audience.

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Bridgewater Associates Got $22.5 Billion in New Money Since 2015.

Bridgewater Associates Got $22.5 Billion in New Money Since 2015.

Bridgewater Associates LP, the world’s largest hedge fund manager, has attracted $22.5 billion in client money since its new strategy started early last year. About three-quarters of the money went to the new fund, also known as Optimal Portfolio. The remainder went into the firm’s main macro hedge fund, Pure Alpha, after Bridgewater opened that fund to select investors this year.

“Bridgewater Associates LP, the world’s largest hedge fund manager, has attracted $22.5 billion in client money.”

~ Bloomberg

The inflows are an exception in an industry that’s suffered from poor performance and client redemptions. Perry Capital, the 28-year-old hedge fund run by Goldman Sachs Group Inc. alumnus Richard Perry, has lost about 60 percent of its assets in less than a year after posting declines since 2014.

Related Reports: Bloomberg

 

About Bridgewater Associates

Bridgewater Associates is focused on understanding how the world works. By having the deepest possible understanding of the global economy and financial markets and translating that understanding into great portfolios and meaningful relationships with institutional clients, we’ve built a distinct track record of success. We’ve done this for over 40 years, by having great people operating in a culture of radical truth and radical transparency.

Today, we manage about $150 billion for approximately 350 of the largest and most sophisticated institutional clients globally, including public and corporate pension funds, university endowments, charitable foundations, supranational agencies, foreign governments, and central banks.

Visit: Bridgewater Associates


The Wealth Insider is the world’s leading wealth intelligence for global wealth managers, investments managers, asset managers, high net-worth service providers and wealthy individuals.  Our global workforce seamlessly present the inside news of the most relevant news, insights, global wealth trends, innovation & digital transformation to our global audience.

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