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Billionaire Hedge Fund Founder Ray Dalio Steps Down as Co-CIO of Bridgewater Associates – Bitcoin News

Billionaire hedge fund founder Ray Dalio has stepped down as chief executive of Bridgewater Associates, according to a transfer of voting rights on September 30. Bridgewater’s co-chief executive explained on Tuesday that “Ray no longer has the final word,” in regard to the hedge fund’s future. Hedge Fund Giant and Bridgewater

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Crypto Intelligence Firm Coin Metrics Partners With Hedge Fund Two Sigma for Institutional Push

“Crypto is mainstream, and more and more folks are realizing they need to get smart,” Della Torre said in an interview. “But also that they need to have tools to perform, so the institutional grade workflows that they use, allocate their capital with crypto in mind.” Source

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Canadian Prime Minister Justin Trudeau Attacks Opposition for Recommending Bitcoin as Inflation Hedge

Bitcoin devotees have long said that the cryptocurrency's scarcity would help investors preserve the value of their money during times of high inflation. Bitcoin's market valuation, however, has halved to $427 billion this year despite rampant inflation. Source

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Asset Manager Brevan Howard Reveals Details About Its Record-Setting $1B Crypto Hedge Fund

Brevan Howard, which had $25 billion in total assets under management as of July, submitted a filing for the Digital Asset Multi-Strategy Fund Ltd hedge fund, which has raised $184.15 million since sales opened on April 1. The capital came from four investors, and there’s a $10 million minimum set

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Rome’s Financial Volatility to Shock the Eurozone — Hedge Funds Bet $39 Billion Against Italian Debt – Economics Bitcoin News

Hedge funds are betting against Rome’s liabilities as S&P Market Intelligence data indicates investors have amassed a $37 billion short bet against Italian debt. The hedge funds are betting large against Italian bonds and investors haven’t bet this high against Rome since 2008, as Italy faces political uncertainty, an energy

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