(Business Insider) Bridgewater Associates, one of the world’s largest hedge funds, and perhaps the most recognisable name in the industry, has given the Bank of England’s new stimulus package the thumbs up in a note circulated to clients.
Analysts from Bridgewater — which manages around $150 billion of assets globally — said in a note sent on Friday the actions of governor Mark Carney and the rest of the Monetary Policy Committee on Thursday were “appropriately aggressive” in trying to tackle the coming storm facing the British economy.
