Major multi-manager funds including DE Shaw, Balyasny Asset Management, Bridgewater Associates and Point72 Asset Management largely generated double-digit gains in 2025, reflecting a positive year for the hedge fund industry, which was buoyed by an AI-powered stock market rally. DE Shaw’s two flagship funds produced double-digit returns, a source familiar with the matter told Reuters […]
NEW YORK – Investor Ray Dalio sold his remaining interest in Bridgewater Associates, the hedge fund that he founded 50 years ago, according to a letter sent to investors, while the sovereign fund of Brunei acquired a minority interest in the company, a source said. “We wanted to update you that Bridgewater recently purchased the […]