Hedge Funds
Ray Dalio’s Bridgewater Associates is doing far better in China than in the rest of the world.The US$148 billion money manager raised about 900 million yuan (US$136 million) for its second China fund in September, doubling assets, according to people familiar with the matter. Investors were partly drawn to its All Weather China strategy fund that boasted an annualised return of about 22 per cent for the 22 months from inception to the end of July they said, declining to be identified discussing…

In this article