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The Chinese version of Dalio’s book, “Principles: Life and Work”, was a bestseller when it debuted in 2018. Its “All Weather” strategy, a multi-asset investment approach, caught on in China, where unpredictable “black swan” events including Beijing’s tech crackdown, the Russia-Ukraine war, and Covid lockdowns have roiled markets.īridgewater launched its first onshore China fund in 2018 and, since then, two other funds have been established. “It’s a challenge out there.”īridgewater – the world’s biggest hedge fund firm with $150 billion in assets – raced past Winton and Man Group last year to become the No1 foreign hedge fund house in the world’s second largest economy.ĪLSO SEE: China Rolls Out Small-Cap Derivatives, Boosts Hedging “We’ll continue to enforce our rights and protect our IP,” Alpert, also a partner at Bridgewater, said. In recent months, Bridgewater registered in China several “All Weather” trademarks in English and Chinese, in a bid to tackle the “confusion” created by local copycats, Joanna Alpert, Bridgewater China’s portfolio manager, revealed. So, Bridgewater, the Connecticut-based hedge fund giant he founded, has begun to push back. But it has proven so popular in China that many local entities use his “All Weather” ploy to counter shock events that could harm investments. The US billionaire’s success has led a range of other groups to copy his investment approach, which is set up to manage changing economic conditions.

Ray Dalio, founder of the world’s biggest hedge fund, Bridgewater Associates, has moved to differentiate it from rival funds copying his “All Weather” strategy.
