Apparently investors are just lining up to get the Australian dollar off their hands, according to the view of BlackRock, Inc. (NYSE:BLK)’s managing director Michael Trudel. While speaking to the Wall Street Journal’s James Glynn, Trudel said that there is rarely anyone they have met recently who has shown any inclination to go long AUD. We have been following the AUD short story ever since news broke that George Soros could be shorting the Aussie. AUD:...
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The former Bridgewater Associates lead counsel James Comey is the lead pick of President Obama to become the new director of the Federal Bureau of Investigation. Mr. Comey can offer a sneak peak into how Ray Dalio operates the world’s largest hedge fund. Bridgewater Associates, which has more than $120 billion of AUM, is known for beating the Street year after year. But Ray Dalio’s hedge fund is even more popular for its 123-page manifesto...
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Artificial Fed moves driving investors to riskier assets, said hedge fund titan Ray Dalio, founder of Bridgewater Associates. But he also had a warning for investors in an interview with CNBC. Ray Dalio segment below hedge fund manager ray dalio receiving the money management lifetime achievement award last night. here’s what he had to say when asked if all the fed’s quantitative easing has been artificially inflating the markets. i think what has been artificial is there’s been a lot of printing of money which...
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Ray Dalio’s Bridgewater Associates filed 13f with SEC today. Here is a breakup of the major portfolio changes in the last quarter—note that the long equity portfolio made public is only worth $10 billion, whereas the actual AUM of Bridgewater exceeds $120 billion. Bridgewater bought CenturyLink, Inc. (NYSE:CTL), General Electric Company (NYSE:GE), Expeditors International of Washington (NASDAQ:EXPD), The Walt Disney Company (NYSE:DIS) and Red Hat Inc (NYSE:RHT) in Q1. Ray Dalio’s Bridgewater Associates Sells DELL, HPQ, VMED Ray Dalio is not waiting for the...
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Billionaire hedge fund manager Ray Dalio’s Bridgewater Associates revealed in a 13F filing with the Securities and Exchange Commission that it has 332 stocks in its portfolio as of March 31, 2013. During the first three months, the hedge fund added 121 new stocks, made additional purchases in 68 stocks, exited 66 stocks entirely, and reduced holdings in 76 stocks. Bridgewater Associates’ top ten holdings represent 90.38 percent of the hedge fund’s total investments....
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The top earning hedge fund managers of 2012 compiled by Institutional Investor Alpha ranks David Tepper of Appaloosa Management at the top earning hedge fund managers list with a net profit of $2.2 billion in 2012. Ray Dalio comes in at the second place with $1.7 billion in earnings which makes this his third consecutive entry in the top three earners in the past three years. Despite the notorious insider trading scandal, Steve Cohen of S.A.C Capital takes the third spot with...
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Fortress Investment Group LLC (NYSE:FIG)’s Macro fund is the latest hedge fund to bet big on the weakness of Japanese yen. Though the Japanese currency has already been sliding since mid-November, Fortress Investment Group LLC (NYSE:FIG) sees further slide in the yen as newly appointed Bank of Japan governor gears up for aggressive monetary easing. In fact, yen is the worst performing currency among the 10-developed country currencies monitored by Bloomberg. Fortress Macro fund, which...
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Forbes’ annual list of the 40 highest-earning hedge fund managers and traders is out, and David Tepper took the top spot. Tepper’s hedge fund, Appaloosa Management, had net returns of almost 30 percent during 2012 and Tepper’s share was $2.2 billion. David Tepper’s achievements last year are especially significant because the average hedge fund underperformed the stock market in the U.S. during the year. When you compare the highest earner list with the lowest earner list,...
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The 13f filing of Bridgewater Associates, the hedge fund managed by billionaire investor, Ray Dalio with the Securities and Exchange Commission (SEC) showed that its investments were largely concentrated on Exchange-Traded Funds (ETFs) during the fourth quarter of 2012. Based on its Q4 portfolio, Bridgewater Associates’ investments represent 87.9 percent. Its equity investments were minimal with 3.9 percent in technology, 2.9 percent in the services, 1,7 percent in basic materials, 1.3 percent in health...
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Bridgewater Associates LP, the investment management firm established and managed by billionaire investor, Ray Dalio is shorting the yen currency amid the changes in the balance of payment circumstances and the aggressive monetary policy from the Bank of Japan, according to a report of Kelly Bitt from Bloomberg. Bob Prince, co-chief investment officer of Bridgewater Associates said, “We’re now short the yen, largely related to the change in their balance of payment circumstances and,...
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Ray Dalio’s Bridgewater Associates and Marc Lasry’s Avenue Capital are busy adding new funds to their already booming empires. Wall Street Journal reports that Bridgewater Associates, the world’s largest hedge fund, informed its investors that the firm will add a new hedge fund, All Weather Major Markets, to its portfolio in the running year. The All Weather Major Markets will serve as an offshoot of the $65 billion All Weather Fund and will prevent...
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