September 12, 2011
As a hedge fund manager, Ray Dalio has built Bridgewater Associates LP into the world’s largest macro hedge fund firm, with $122 billion in total assets. And he’s done so largely by betting against consensus and exploring markets that other investors either shunned or overlooked, according to a recent profile in Bloomberg Markets magazine, which [...]
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July 18, 2011
Peter Muller, who headed Morgan Stanley’s Process Driven Trading group (PDT) for nearly two decades, is set to launch his own hedge fund spinoff.
Muller founded PDT, a 70-person team of Ph.D.s and math whizzes and quant traders who use algorithmic programs to take advantage of price discrepancies in global markets. The division invests Morgan Stanley’s [...]
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