Forecasting the Future: A Modern Economics Challenge—invites you to dive into the evolving global economy and predict how the next era of Modern Mercantilism will transform trade, policy, and power on the global stage. In partnership by Bridgewater and Global Citizen, the challenge offers the winners receive an employment or internship opportunity at Bridgewater (pending successful completion of its interview requirements) and the top 5 predictions will receive $25,000.

In this edited version of our Q1 CIO call, Co-CIO Karen Karniol-Tambour describes how we are processing today’s radically different economic and market environment.

For the sixth consecutive year, Barron’s has recognized Karen for her expertise, influence, and leadership in the financial services industry.

For decades, America has consumed much more than it produces, financing persistent trade deficits with debt that foreign investors are happy to buy. President Trump is unwilling to accept this state of affairs. In a guest essay for the New York Times, co-CIO Karen Karniol-Tambour describes what this shift means for Europe’s economic and security paradigm, the changes that are needed, and the barriers to reform. 

CEO Nir Bar Dea joins Sonali Basak at Bloomberg Invest in New York to discuss the major forces shaping today’s macroeconomic landscape, how Bridgewater is positioned to help clients adapt, the ongoing technological revolution of AI, and the important roles that meritocracy and talent play in a rapidly evolving world.

Daily Observations editor Jim Haskel sits down with head of contra-currencies Hudson Attar and portfolio strategist Alex Smith to discuss the recent gold rally and the type of diversification gold can provide.

Nir joins the “Board of Changemakers” panel at FII Priority in Miami to discuss ongoing geopolitical fragmentation, the changing macroeconomic landscape, and how Bridgewater has aligned itself to help investors navigate this challenging environment.

Energy expert Daniel Yergin sits down with Bridgewater senior portfolio strategist Atul Lele to discuss supply and demand dynamics across energy markets and their implications for investors.

Co-CIO Bob Prince discusses the gradual drift of economic conditions toward equilibrium and whether this process has room to run.

In a Fast Company piece, Deputy CIO Blake Cecil explores the meritocratic future of talent recruitment, and how Bridgewater’s approach has evolved to include innovative new methods—such as our global forecasting contest with Metaculus—for discovering exceptional talent.

Co-CIO Karen Karniol-Tambour gave an interview on Bloomberg while attending the World Economic Forum in Davos, Switzerland. During her conversation, Karen discussed the firm's global approach to investing, and how the changing global environment impacts investors. See important disclosures and other information here.

With central banks on the verge of achieving their goals—supporting stability, profits, and asset prices—global political shifts risk upsetting the balance. Our CIOs describe these dynamics and what they mean for investors.

In partnership with Metaculus, Bridgewater is sponsoring an exciting competition where participants are invited to showcase their forecasting abilities, explore potential early career opportunities at Bridgewater, and qualify for $25K in prize money. Join the contest now and learn more about our shared mission of using data and research to understand the world around us.

The Financial Times recognized Bridgewater’s legal team as one of the Most Innovative In-House Legal Teams in North America for their close support in launching AIA Labs, advancing the firm’s use of AI and machine learning to drive innovation in the investment process.

Tracey and Jennifer were recognized in Hedge Fund Journal’s 12th annual report, showing the strength of gender diversity in the industry and at Bridgewater.

Where is AI today, and where is it going in the near future? In this video presentation, Bridgewater’s AIA Labs Chief Scientist Jas Sekhon provides a framework that can help answer those questions and resolve a key paradox that currently exists in the AI landscape.

From October 9-10, 2024, Bridgewater Associates co-hosted the Economic Development Assembly in Abidjan, Côte d’Ivoire, in support of the World Bank’s 21st IDA replenishment, alongside partners Global Citizen and Harith General Partners.

Blake Cecil has been named to Business Insider’s 2024 Rising Stars of Wall Street list, recognized among leaders of tomorrow making notable contributions and accomplishments in the asset management industry.

In a moderated conversation, Rohit and Bob discuss how they each approach portfolio resilience at their respective organizations and the potential opportunities they see in markets today.

Some of the largest drivers of US equity outperformance cannot be counted upon going forward. A lot depends on the ability of US tech to deliver and AI to unleash productivity across sectors.

As part of the 30th anniversary of the relationship between Bridgewater and GIC, the entity that is responsible for managing Singapore’s international reserves, our two organizations have led a series of joint research projects to identify and assess the issues we think are most important for investors to grapple with in the years ahead. In this videocast, Head of Client Service and Editor of the BDO Jim Haskel discusses the takeaways of that work with Jeffrey Jaensubhakij, Group Chief Investment Officer of GIC; Liew Tzu Mi, Chief Investment Officer for Fixed Income & Multi Asset and Chair of the Sustainability Committee; and our own co-Chief Investment Officer Greg Jensen.

Co-CIO Greg Jensen explains that the greatest bubbles require a transformational technology and a ripe macro and monetary backdrop. We now have both—so he believes the AI bubble is ahead of us, not behind us.

Bridgewater hosted the Atlantic Council’s inaugural Millennium Leadership Summit at its headquarters, bringing together leaders across government, business, and civil society to discuss key trends impacting economies and markets around the world.

Ajay Banga, President of the World Bank, sits down with Bridgewater CEO Nir Bar Dea to discuss Africa’s economic trajectory and how it creates challenges and opportunities for global investors.

The demographic boom in the working-age population in sub-Saharan Africa is one of the long-term forces that can shape the world in the coming decades. In this research, we explore this dynamic in depth, its implications for the region’s role in the global economy, and how decisions made by policy makers, investors, and the private sector can forge alternative paths.

Throughout history, certain companies have dominated the equity market, but co-CIO Bob Prince explores how the process of creative destruction makes staying on top for long periods of time very difficult.

While AI investment isn’t yet a major driver of economic growth, co-CIO Greg Jensen says it looks poised to rise rapidly from here—with the potential to shape the business cycle well before AI is in widespread productive use.

At the Milken Institute’s 2024 Global Conference, co-CIO Karen Karniol-Tambour shares her thoughts on the macro outlook, touching on where to find geographic diversification, how we’re approaching geopolitical risk, the impact of AI on inflation, and more.

Bridgewater announces a new strategic partnership with Global Citizen that will support the World Bank’s International Development Association (IDA) fund replenishment—IDA21. By combining Bridgewater’s research with Global Citizen’s advocacy, this partnership will encourage IDA donor nations to make financial commitments ahead of an economic summit in Côte d’Ivoire from October 9-10.

As most major economies are seeing their working age populations stagnate or shrink, sub-Saharan Africa’s is growing rapidly and projected to be larger than China’s in about a decade. If the region can also increase its productivity growth, it will begin to emerge out of poverty and gradually become relevant to global investors.

With inflation stalled above target and growth remaining strong, co-CIO Bob Prince tells the Financial Times that the Fed is “off track” from cutting rates—the question is how far.

Dr. Sian Leah Beilock, President of Dartmouth College and an independent director on Bridgewater’s Operating Board of Directors, has been recognized by Diverse: Issues In Higher Education as one of the “40 Women Making a Difference in the World of Academe.” Dr. Beilock is the first woman to serve as President of Dartmouth College and is an expert in the dynamics that enable more women to pursue and succeed in STEM fields.

Bridgewater alum, author, and investor Paul Podolsky shares how he’s assessing Russia and its threat to the global order following the death of Alexei Navalny, what it takes for economies to succeed in the modern world, and the implications for investors.

Co-CIO Greg Jensen and Bridgewater’s Chief Scientist of AIA Labs and Head of Machine Learning, Jasjeet Sekhon, are named among the top "AI experts to know at some of Wall Street’s biggest hedge funds” by Business Insider. They are recognized for their distinct contributions in AI at Bridgewater and in recognition of their leading efforts for Wall Street’s AI ambitions.

What happens when cognitive tasks can be done at zero marginal costs? Co-CIO Greg Jensen explores some of the potential impacts that advancements of AI/ML technology could have on companies and the economy, including an extreme scenario that could potentially produce “explosive growth.”

Read our response to a recent book that paints a distorted and inaccurate picture of our firm and community.

Helene Glotzer will join Bridgewater’s Operating Board of Directors as a Partner Director and Jason Warner will join as an Outside Director. Helene has been part of the Bridgewater community since 2007, and Jason brings of 20 years of experience in software development, enterprise technology, executive leadership, and innovative thinking as a technologist, CTO, and business leader in the software industry.

Greg joined Bridgewater in 1996 and has long invested in the firm’s AI/ML capabilities. He joins Insider’s AI 100 list alongside Bridgewater alumnus Dave Ferrucci and other experts from the world of finance, who will likely impact the future of artificial intelligence and how it may shape our lives.

Bridgewater co-CIO Karen Karniol-Tambour joins “Bloomberg Wealth with David Rubenstein” for a wide-ranging discussion on Bridgewater’s current leadership and culture, her career journey, and our outlook on markets and economies.

Margo Cook will join Mike McGavick as co-Chair of Bridgewater’s Operating Board of Directors. Margo has been part of the Bridgewater community since 2021, currently serving as an Outside Director on our Operating Board, and brings more than 30 years of executive leadership, operating experience, and innovative thinking as an investor.

Karen joins co-CIOs Bob Prince and Greg Jensen as a full partner in leading Bridgewater’s Investment Committee and holding ultimate responsibility for our investment strategy and outcomes.

Nir describes the work required to complete a successful generational transition at Bridgewater and his vision for the firm's future across talent, culture, and business priorities.

Bridgewater celebrated the completed transfer of control from Ray Dalio to the next generation of the firm’s leadership.

Earlier this week, Ray Dalio, Bob Prince, Greg Jensen, and Co-CEOs Nir Bar Dea and Mark Bertolini signed the agreements providing for the transfer of control of Bridgewater from Ray to the Operating Board of Directors, successfully finalizing the terms of this transition.

Today Bridgewater announced that CEO David McCormick has stepped down after 12 years at the firm, including nearly five successful years as CEO. In succession, the Operating Board of Directors named two co-CEOs: current Deputy CEO Nir Bar Dea and current Co-Chair of the Operating Board Mark Bertolini.

The company’s Operating Board of Directors was announced in an email to employees.