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But founder of one the world's most successful hedge funds says he will stay on as an investor at the firm 'until I die'

Hedge Funds

Former Reporter

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Ray Dalio, the founder of top performing US hedge fund Bridgewater Associates, is stepping back from day-to-day business management of the firm he founded in 1975.

, Dalio said that he would cease to be co-CEO of the firm from April and instead would focus on his role as co-chief investment officer of the $160 billion hedge fund firm alongside Bob Prince and Greg Jensen.

Dalio quits co-CEO role at Bridgewater Associates

Becky Pritchard

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CDPQ hires Sharon White to lead push in Europe

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

GQG Launches Buyback After Stock Tumbles on Adani Probe

The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

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The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

Large Accounting Firms Will Have to Submit Financial Statements to U.S. Regulator

The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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