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California, that pretty much said it all in the headline: “Ray Dalio’s Hedge Fund Dumped by Tiny County Fed Up by Fees Sapping Return.” The numbers were stark. The pension was paying Bridgewater an annual fixed fee of 3.39 percent, but receiving only an average return of 3.1 percent. Bridgewater was keeping more money than it made for the fund.
Rob Copeland • The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend
We’ve come from a world of closed and expensive financial data that is reserved for a few privileged professional market participants. The insights produced are sold to a few wealthy clients, all in siloed environments. Furthermore the data available is very limited in scope, severely lagging, and impossible to fully verify. Insiders with connectio... See more
Dune Analytics • The revolution will not be reported quarterly
Trading platform Dub will pay some retail investors to share portfolios through TikTok-like 'creator program'
Alex Harringcnbc.com
