(Reuters) – The world’s largest hedge fund manager, Bridgewater Associates, is once again changing its leadership structure as part of a 10-year transition plan led by founder Ray Dalio.
Dalio, a billionaire with influential macroeconomic views, will no longer serve as co-chief executive officer of the Westport, Connecticut-based firm, according to a note he posted on LinkedIn Wednesday. Dalio, 67, will remain co-chief investment officer (CIO) and co-chairman.
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