Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has stepped down as the firm’s CIO, Bloomberg reports. On September 30, Dalio transferred all his voting rights to the board of directors, entrusting its future to a new generation of leaders. Ray Dalio, founder of Bridgewater Associates, one of the largest hedge funds in the world, is stepping down from his position as the firm’s CIO. In an interview with Bloomberg, Dalio stated that he is finally […]
