(Reuters) -Bridgewater Associates said on Tuesday billionaire founder Ray Dalio had stepped down from his role as one of the hedge fund’s co-chief investment officers.
Dalio – who built Bridgewater into the world’s biggest hedge fund with $150 billion of assets under management – has sold off his majority stake but remains a “meaningful” owner, the company said.
(Reporting by Manya Saini in Bengaluru; Editing by Anil D’Silva)
