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Bridgewater to cap funds and cut jobs

March 3, 2023 : Permanent Link

(Hedgeweek) Bridgewater Associates is planning to cap the size of its flagship hedge funds, invest more in artificial intelligence and machine learning, and cut up to 100 jobs, as part of a restructuring plan aimed at boosting returns, increasing profitability and developing new sources of revenue, according to a report by Bloomberg.

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