Katherine Burton

Ray Dalio, the founder of Bridgewater Associates, during the COP28 conference in Dubai. Dalio has moved to a mentor role with no say over the Pure Alpha portfolio, which has been underperforming its peers.

Turnaround by Bridgewater CEO hinges on wooing restless clients

WHEN Ray Dalio finally gave up the reins of Bridgewater Associates 18 months ago, he ceded control of the world’s biggest hedge...