Bridgewater Associates grows China assets by 40%, strengthening its market position - PRESS AI WORLD
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Bridgewater Associates grows China assets by 40%, strengthening its market position

share-iconFriday, January 10 comment-icon1 week ago 6 views
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scmpSCMP
Bridgewater Associates grows China assets by 40%, strengthening its market position

Credited from: SCMP

  • Bridgewater Associates has expanded its asset management in China, reaching over 55 billion yuan (US$7.5 billion) by the end of December.
  • The firm's multi-asset strategy achieved stable returns, with its All Weather Plus fund yielding over 35% returns for the year.
  • Despite a decline in China’s hedge fund industry, Bridgewater's performance outpaced local multi-asset funds, which averaged an 11% return.
  • Bridgewater remains the only foreign hedge fund with more than 10 billion yuan in assets in China, surpassing rivals like D.E. Shaw & Co.
  • The firm sees opportunities for economic growth and asset stabilization in China, with strong performance anticipated in regional equities.

For more details, visit SCMP.

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