Bridgewater Associates [SEP] inception
Bridgewater Associates
Bridgewater Associates is an American investment management firm founded by Ray Dalio in 1975. The firm serves institutional clients including pension funds, endowments, foundations, foreign governments, and central banks.
It utilizes a global macro investing style based on economic trends such as inflation, currency exchange rates, and U.S. gross domestic product. Bridgewater Associates began as an institutional investment advisory service, graduated to institutional investing, and pioneered the risk parity investment approach in 1996.
In 1981, the company moved its headquarters from New
and employees that Bridgewater would change its corporate structure and become a partnership. By June 2018, the Teacher Retirement System of Texas, the Ontario Municipal Employees Retirement System, the Singapore's sovereign wealth fund and the International Monetary Fund had invested in Bridgewater Associates.
In September 2017, Bridgewater announced plans to launch an investment fund in China with Chinese government's approval.
Investment philosophy.
According to Ray Dalio, Bridgewater Associates is a "global macro firm". It uses "quantitative" investment methods to identify new