Bridgewater, the largest hedge fund in the world, entered China on March 20 16.

The company does not manage assets for the rich, but mainly serves institutional investors, including pension funds, endowment funds, foreign governments and central banks.

When RayDalio founded Bridgewater in 1975, the company only engaged in two businesses, one was to provide consulting services for institutional investors, and the other was to manage currency and interest rate risks at home and abroad. After that, the company changed its strategy and began to sell economic consulting reports to big companies like the government and McDonald's.

1987, the company obtained the first investment fund-a fixed income investment of $5 billion from the World Bank. In the mid-1980s, the company focused on the bond and currency management of institutional investors. 1990, Volkswagen began to formally provide its customers with outsourcing products for fund management.