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Bridgewater Associates L.P. founder Ray Dalio said last week at the World Economic Forum in Davos, Switzerland that the global investment landscape will change in 2013 as investors shift their assets away from cash holdings.
Plans by Bridgewater Associates to relocate to Stamford got a needed boost after Mayor Michael Pavia reached an agreement with Building and Land Technology Corp. that could allow for the relocation of the former Brewer Yacht Haven Marina.
The city of Stamford has reportedly issued a letter of intent that could pave the way for developer Building and Land Technology (BLT) to relocate the South End boatyard to city-owned land at Shippan Point.
James Comey, a former deputy U.S. attorney general and current general counsel of Bridgewater Associates, said companies should focus on ethics, and not just compliance.