Rubinstein is expected to join Bridgewater in May and will replace Jensen at co-CEO, as he moves full time to investment management, the hedge fund said in a statement sent to ValueWalk. Rubinstein will work with current co-CEO Eileen Murray, who oversees the firm’s operations. “The company had grown up with Ray leading both investment management (as CIO) and company management (as CEO)-and Greg had a similar set of responsibilities,” the statement said. “However, as Bridgewater has evolved from a boutique to an institution, the company has become too large for anyone to oversee with such split attentions.” Jensen, who is...