-
The downsizing highlights altering instances at CT hedge fund big Bridgewater Associates
WESTPORT Lately, Bridgewater Associates has reigned because the world’s largest hedge fund supervisor. However it appears that evidently it’s getting into a brand new period wherein it would now not have such a mammoth presence. The Westport-based firm introduced final week a restructuring that features job cuts and restricted entry to its flagship fund. The brand new technique reveals that even when backed by multimillion-dollar authorities subsidies, hedge funds might not be capable of keep away from the drawdown. However folks like Bridgewater nonetheless appear dedicated to staying in Connecticut. It was in all probability now not the heyday of the hedge fund trade. They now not seem like, Gee…