The hedge-fund industry saw its assets under management swell to a record $4.98 trillion during the third quarter, with funds taking in their biggest haul since before the global financial crisis. ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Billionaire hedge fund manager Ray Dalio issued a stark warning regarding the current state of global currencies, drawing historical parallels to the 1930s and 1970s. All Fiat Currencies Will ‘Go Down Together’ On Tuesday, in a post on X, the founder of Bridgewater Associates said, “Gold is now the second largest reserve currency, behind the US dollar,” emphasizing a major shift in the global monetary ord ...