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Ray Dalio

The latest news on American investor and hedge fund manager Ray Dalio, co-chief investment officer of Bridgewater Associates.

Born

8 Aug 1949

Industry

Business

Job Title

Businessman

The yuan has steadily appreciated against the US dollar in recent months amid a growing de-dollarisation trend among global investors. Photo: AFP

Banking & finance

China lets yuan rise to strongest level in years as de-dollarisation trend grows

China’s central bank sets the yuan’s midpoint rate at its strongest level since mid-2023, as jitters over the US dollar buoy the Chinese currency.

11 Feb 2026 - 4:11PM

Banking & finance

Opinion | As markets grow more fragile, matter of time before the bubble bursts

7 Nov 2025 - 8:50AM

Commodities

Explainer | Gold slumps after record highs. Why is Ray Dalio such a big advocate for it?

22 Oct 2025 - 12:43PM

Indonesia

Can a financial hub on Bali fix Indonesia’s lagging economy?

The Prabowo-backed proposal may be modelled on Singapore’s business system, India’s GIFT City and the Dubai International Financial Centre.

13 Oct 2025 - 8:46AM

Tourists explore a shopping area in Seminyak on the west coast of Bali. Photo: EPA

Banking & finance

China’s central bank aids gold’s record-setting run with 11-month buying streak

Price of gold breaks benchmarks as uncertainty mounts over US dollar and central banks, including China’s, add to their stockpiles.

8 Oct 2025 - 1:11PM

US Federal Reserve

Bridgewater’s Ray Dalio says gold echoes 1970s rally amid US dollar anxiety

‘Gold is a very excellent diversifier of the portfolio’ and it should optimally account for 15 per cent of investors’ portfolio, Dalio says.

8 Oct 2025 - 10:17AM

China debt

In China, Ray Dalio discusses global debt issues as Beijing seeks his counsel

With local-level debt still posing risks in China, while US borrowing accelerates, Beijing turns to the Wall Street veteran for guidance while navigating precarious financial waters.

24 Sep 2025 - 7:00PMvideocam

Billionaire global macro investor Ray Dalio, seen here in May 2024, spoke this week with top Chinese officials in Beijing. Photo: Reuters

US-listed Chinese stocks

Temasek cuts Chinese tech stocks, goes long on consumer companies

Temasek slashed its holdings of JD.com by 87 per cent, cut its Alibaba stake by two-thirds and cut NetEase by 38 per cent, according to its 13F disclosure.

16 Aug 2025 - 9:31AM

China stock market

World’s top hedge fund Bridgewater dumps all China stocks

World’s largest hedge fund drops US$1.41 billion of shares in firms including Alibaba, JD.com, Baidu, Nio and Yum China in second quarter.

14 Aug 2025 - 5:16PM

Yuan

China eyes bigger global role for yuan as US dollar stability questioned

The shifting international monetary order is giving Beijing new room to expand its influence, analysts say.

4 Aug 2025 - 6:30PM

One hundred Chinese yuan bill with a flag of China. Photo: Shutterstock

China debt

Why did a Chinese economist slam Ray Dalio on debt situations in US, China?

Xu Gao’s 9,000-word article, ‘Where Did Dalio Go Wrong on National Debt?’, comes as China’s Politburo is preparing to set policy tone for rest of year.

29 Jul 2025 - 10:56PM

Bridgewater Associates founder Ray Dalio’s latest book came out last month. Photo: Getty Images

Banking & finance

Did Trump get his ‘Big Beautiful Bill’ at the US dollar’s expense?

Analysts say the sweeping budget act resolves the immediate debt crisis, but the resultant deficit could accelerate global de-dollarisation.

4 Jul 2025 - 7:30PMvideocam

Stocks

Ray Dalio’s Bridgewater taps rich Chinese investors for Asia fund

The US firm’s Asia ex-China Total Return Fund has generated a 20.7 per cent annualised return since its inception in October 2023.

3 Jun 2025 - 4:58PM

US-China trade war

Will US dollar doubts, risk of ‘triple whammy’ give rise to yuan’s renaissance?

In the wake of tariff turmoil and Washington’s ‘Big Beautiful Bill’, analysts are questioning safety of US assets while yuan’s resilience turns heads.

27 May 2025 - 11:00PMvideocam

China’s yuan has been on a steady upward trajectory – gaining 1 per cent against the US dollar since April 2, when US President Donald Trump announced his unprecedented “Liberation Day” tariffs. Photo: dpa

My Take

My Take | Donald Trump will make China, not the United States, great again

As with Napoleon’s blockade of Britain under the Continental System, American economic and tech wars have already led China to innovate.

12 Apr 2025 - 9:34AM

US President Donald Trump talks to members of the press on April 6, 2025. Photo: Reuters

US-China relations

Exclusive | Bridgewater’s Dalio urges portfolio diversity amid US-China rivalry

The founder of the world’s largest hedge fund Bridgewater Associates warns the world’s two largest economies are in risky positions, as they address domestic challenges.

19 Jun 2024 - 1:56PM

China stock market

Investing in China ‘desirable’ despite risks, says hedge fund giant Ray Dalio

The billionaire founder of the world’s largest hedge fund Bridgewater Associates said investing in China is a good idea despite the risks, because Chinese assets are cheap and can help balance portfolios.

5 Jun 2024 - 5:59PMvideocam

China stock market

Bridgewater’s China assets nearly double as it draws more investors

Bridgewater’s success contrasts sharply with the difficulties many local funds are facing when trying to raise cash from investors in China’s weak markets.

19 Jan 2024 - 3:40PM

Ray Dalio, the billionaire and founder of Bridgewater Associates LP, appeared on a screen during the Future Investment Initiative (FII) conference in Riyadh, Saudi Arabia, on Tuesday, Oct. 25, 2022. Photo: Bloomberg

China-Middle East relations

Saudi ministers, business executives gather in Hong Kong as Middle East ties grow

In this issue of the Global Impact newsletter, we look back at the Future Investment Initiative (FII) Institute’s first Asia conference that took place in Hong Kong.

11 Dec 2023 - 2:00PMvideocam

Singapore

Massive laundering case reveals dark side of Singapore’s bid to lure super-rich

The surprise sting operation is prompting a rethink of the recent surge of foreign investors, amid signs dirty money is joining legitimate businesses in the rush to Singapore, with cash winding up at global lenders.

4 Dec 2023 - 3:01PMvideocam

Banking & finance

China Inc hops into Middle East growth as region veers away from oil

As China’s economic expansion slows, mainland companies are eyeing the Middle East as an attractive alternative, with countries in the region seeking to develop tech-driven start-up ecosystems to reduce reliance on fossil fuels as a growth driver.

6 Dec 2023 - 5:35PM

United States

My Take | Democratic decay in America will make it a growing global threat

Creeping militarism and uncontrollable national debt will kill US democracy at home while making its behaviour abroad increasingly dangerous and destabilising.

30 Nov 2023 - 9:00PM

A United States flag is waved outside the White House in Washington. Photo: AP

US-China relations

Xi Jinping offers cooperation, reassurance during US business dinner

Xi Jinping tells hundreds of American business leaders in San Francisco that modernisation is a ‘huge opportunity that China offers to the world’.

16 Nov 2023 - 6:14PMvideocam

China stock market

Singapore’s Temasek, Saudi’s PIF back China’s consumption stocks, filings show

Two of the world’s biggest state owned investors have poured money into China’s consumption stocks during the third quarter, at a time when Western investors are retreating over growth concerns and amid an intensifying property crisis.

15 Nov 2023 - 4:30PM

China stock market

Bridgewater sold Xpeng, Yum, TSMC last quarter as hedge funds cut China bets

Bridgewater, the world’s largest hedge fund, retreated further from its China bets by exiting EV makers Xpeng and Li Auto, and biotech firms HutchMed and BeiGene. It also dumped chip maker TSMC.

14 Nov 2023 - 5:23PMvideocam

A Xpeng assembling line in Zhaoqing, Guangdong province. Bridgewater has completely sold off its holdings in Xpeng and Li Auto, and reduced its depositary shares in Nio. Photo: Xinhua

Banking & finance

Business leaders issue global economy warning in Saudi Arabia, praise AI

Leaders from the world of finance and business convened in Riyadh issued a warning on Tuesday about the many perils the world currently faces, including geopolitical conflicts, economic uncertainties, high inflation and climate issues.

26 Oct 2023 - 12:23PMvideocam

The FII forum in Riyadh on Tuesday. Photo: Catherine So.

Banking & finance

JPMorgan’s Dimon, Dalio addressing world’s challenges in Riyadh

Some 6,000 investors, innovators, academics and policymakers including the American billionaire investor Ray Dalio and Blackrock chairman Lawrence Fink, will fly into Saudi Arabia next week for a three-day investment conference.

29 Oct 2023 - 2:57PMvideocam

Singapore

Singapore’s ruling party passes test after series of political scandals

In this issue of the Global Impact newsletter, we look back at the result of the recent Singapore presidential elections that followed a series of political scandals for the ruling People’s Action Party.

11 Sep 2023 - 2:00PMvideocam

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Ray Dalio

China lets yuan rise to strongest level in years as de-dollarisation trend grows

China’s central bank sets the yuan’s midpoint rate at its strongest level since mid-2023, as jitters over the US dollar buoy the Chinese currency.

.css-1m2rp1p{color:#34b8b5;}Opinion | As markets grow more fragile, matter of time before the bubble bursts

.css-sioo19{color:#c79a00;}Explainer | Gold slumps after record highs. Why is Ray Dalio such a big advocate for it?

Can a financial hub on Bali fix Indonesia’s lagging economy?

The Prabowo-backed proposal may be modelled on Singapore’s business system, India’s GIFT City and the Dubai International Financial Centre.

China’s central bank aids gold’s record-setting run with 11-month buying streak

Price of gold breaks benchmarks as uncertainty mounts over US dollar and central banks, including China’s, add to their stockpiles.

Bridgewater’s Ray Dalio says gold echoes 1970s rally amid US dollar anxiety

‘Gold is a very excellent diversifier of the portfolio’ and it should optimally account for 15 per cent of investors’ portfolio, Dalio says.

In China, Ray Dalio discusses global debt issues as Beijing seeks his counsel

With local-level debt still posing risks in China, while US borrowing accelerates, Beijing turns to the Wall Street veteran for guidance while navigating precarious financial waters.

Temasek cuts Chinese tech stocks, goes long on consumer companies

Temasek slashed its holdings of JD.com by 87 per cent, cut its Alibaba stake by two-thirds and cut NetEase by 38 per cent, according to its 13F disclosure.

World’s top hedge fund Bridgewater dumps all China stocks

World’s largest hedge fund drops US$1.41 billion of shares in firms including Alibaba, JD.com, Baidu, Nio and Yum China in second quarter.

China eyes bigger global role for yuan as US dollar stability questioned

The shifting international monetary order is giving Beijing new room to expand its influence, analysts say.

Why did a Chinese economist slam Ray Dalio on debt situations in US, China?

Xu Gao’s 9,000-word article, ‘Where Did Dalio Go Wrong on National Debt?’, comes as China’s Politburo is preparing to set policy tone for rest of year.

Did Trump get his ‘Big Beautiful Bill’ at the US dollar’s expense?

Analysts say the sweeping budget act resolves the immediate debt crisis, but the resultant deficit could accelerate global de-dollarisation.

Ray Dalio’s Bridgewater taps rich Chinese investors for Asia fund

The US firm’s Asia ex-China Total Return Fund has generated a 20.7 per cent annualised return since its inception in October 2023.

Will US dollar doubts, risk of ‘triple whammy’ give rise to yuan’s renaissance?

In the wake of tariff turmoil and Washington’s ‘Big Beautiful Bill’, analysts are questioning safety of US assets while yuan’s resilience turns heads.

My Take | Donald Trump will make China, not the United States, great again

As with Napoleon’s blockade of Britain under the Continental System, American economic and tech wars have already led China to innovate.

Exclusive | Bridgewater’s Dalio urges portfolio diversity amid US-China rivalry

The founder of the world’s largest hedge fund Bridgewater Associates warns the world’s two largest economies are in risky positions, as they address domestic challenges.

Investing in China ‘desirable’ despite risks, says hedge fund giant Ray Dalio

The billionaire founder of the world’s largest hedge fund Bridgewater Associates said investing in China is a good idea despite the risks, because Chinese assets are cheap and can help balance portfolios.

Bridgewater’s China assets nearly double as it draws more investors

Bridgewater’s success contrasts sharply with the difficulties many local funds are facing when trying to raise cash from investors in China’s weak markets.

Saudi ministers, business executives gather in Hong Kong as Middle East ties grow

In this issue of the Global Impact newsletter, we look back at the Future Investment Initiative (FII) Institute’s first Asia conference that took place in Hong Kong.

Massive laundering case reveals dark side of Singapore’s bid to lure super-rich

The surprise sting operation is prompting a rethink of the recent surge of foreign investors, amid signs dirty money is joining legitimate businesses in the rush to Singapore, with cash winding up at global lenders.

China Inc hops into Middle East growth as region veers away from oil

As China’s economic expansion slows, mainland companies are eyeing the Middle East as an attractive alternative, with countries in the region seeking to develop tech-driven start-up ecosystems to reduce reliance on fossil fuels as a growth driver.

My Take | Democratic decay in America will make it a growing global threat

Creeping militarism and uncontrollable national debt will kill US democracy at home while making its behaviour abroad increasingly dangerous and destabilising.

Xi Jinping offers cooperation, reassurance during US business dinner

Xi Jinping tells hundreds of American business leaders in San Francisco that modernisation is a ‘huge opportunity that China offers to the world’.

Singapore’s Temasek, Saudi’s PIF back China’s consumption stocks, filings show

Two of the world’s biggest state owned investors have poured money into China’s consumption stocks during the third quarter, at a time when Western investors are retreating over growth concerns and amid an intensifying property crisis.

Bridgewater sold Xpeng, Yum, TSMC last quarter as hedge funds cut China bets

Bridgewater, the world’s largest hedge fund, retreated further from its China bets by exiting EV makers Xpeng and Li Auto, and biotech firms HutchMed and BeiGene. It also dumped chip maker TSMC.

Business leaders issue global economy warning in Saudi Arabia, praise AI

Leaders from the world of finance and business convened in Riyadh issued a warning on Tuesday about the many perils the world currently faces, including geopolitical conflicts, economic uncertainties, high inflation and climate issues.

JPMorgan’s Dimon, Dalio addressing world’s challenges in Riyadh

Some 6,000 investors, innovators, academics and policymakers including the American billionaire investor Ray Dalio and Blackrock chairman Lawrence Fink, will fly into Saudi Arabia next week for a three-day investment conference.

Singapore’s ruling party passes test after series of political scandals

In this issue of the Global Impact newsletter, we look back at the result of the recent Singapore presidential elections that followed a series of political scandals for the ruling People’s Action Party.

Opinion | As markets grow more fragile, matter of time before the bubble bursts

Explainer | Gold slumps after record highs. Why is Ray Dalio such a big advocate for it?