As the founder of Bridgewater, the world's largest hedge fund company, Rui Daglio started buying stocks with his pocket money when he was 12 years old. At the age of 26, he started Bridgewater Company and made a lot of money. At the age of 32, he lost the whole company. At the age of 38, he won the title of "October Hero of Wall Street" in the financial crisis of 1987.
Today, Bridgewater has become the world's largest hedge fund company, and Rui Dalio also manages $654.38+05 billion in wealth, ranking among the best in Forbes list. For decades, the world financial situation has been changing, with frequent crises. Dalio's unique bridge water has been working miracles.
Since Bridgewater settled in Shanghai Free Trade Zone in March 16, Ridario has been actively participating in the development of China's capital market. As early as last September (2017 September 14) and 2 1 Century Business Herald wrote "bridgewater Absorbs Gold in China" (Author: Chen Zhi), which deeply interpreted the layout of overseas hedge funds in China market.
China, an overseas hedge fund, attracts gold.
In previous years, including Shengyuan Investment (Winton? Capital), Insman (Man? Group), Citadel and many other well-known overseas hedge funds have raised funds from domestic high-net-worth individuals to invest in the global financial market through QDLP (domestic limited partners) and other policies.
"In the second half of 20 15, the RMB exchange rate continued to fall, and almost no overseas hedge funds got the QDLP policy again. Even the QDII2 (Qualified Domestic Individual Investor Program) policy seems to have been put on hold. " The head of the China office of an overseas hedge fund revealed.
However, this does not stop overseas hedge funds from looking for domestic rich to raise funds.
In addition to attracting domestic rich people to invest in overseas assets through overseas roadshows, Qiaoshui settled in Shanghai Free Trade Zone last March and established Qiaoshui China Investment Management Co., Ltd. with a registered capital of 50 million RMB.
2 1 century business herald reporters learned from many sources that this institution has not carried out personnel deployment and business expansion for a long time. Bridgewater still carries out information disclosure and daily communication with domestic institutional investor LP through the Shanghai Representative Office.
In the eyes of the above-mentioned person in charge, this still released a positive signal-China's rich are increasingly attractive to overseas hedge funds. After all, in recent years, in view of the high fees and low returns of hedge funds, more and more rich people in Europe and America are trying to carry out direct investment business through family offices, reduce the investment quota of hedge funds, and drive well-known overseas hedge funds to regard China, individual capital and institutional investors as important new sources of money.
It is worth noting that the investment scope of this new fund to be launched by Bridgewater is not limited to global inflation-linked bonds and commodity futures, but also includes China stocks and bonds.
"By investing in the China market, the rich can be more familiar with their investment logic, which is also an effective strategy to attract them to invest." According to the above-mentioned insiders, if this investment strategy is profitable, it is not excluded that the Bridge Water Foundation will include it in the flagship fund portfolio.
Is there any charge for fund supervision?