Hedge fund titan goes big on Brazil ETF

Nasdaq – Prominent hedge fund manager Ray Dalio runs Bridgewater Associates, a $120 billion hedge fund. Close attention is paid to his buys and sells, and Dalio’s most recent SEC filing revealed an acute interest in the Brazil ETF.

Dalio publishes a quarterly letter called Outlook and Markets Discussion, and in the second quarter letter Dalio outlines some important points about the global economy.

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