03-06-2025
Bridgewater Taps China's Wealthy With a 21% Return Asia Strategy
Bridgewater Associates is tapping rich Chinese investors seeking exposure to overseas assets, with plans to raise an Asia-strategy fund as the region's policymakers look to stimulate local economies following President Donald Trump's global tariffs.
The US giant's Shanghai-based China private fund management arm is looking to raise money for an onshore product for local clients this month before investing into its offshore Asia ex-China Total Return Fund, according to people familiar with the matter. The fund has generated a 20.7% annualized return since its inception in October 2023, the people said, asking not to be named as the matter is private.