Ray Dalio is having a very bad year.So very bad, in fact, that the billionaire risks losing his coveted title as king of hedge funds.Dalio’s $148 billion Bridgewater Associates has run up hefty losses this year, even as rivals have minted money in the topsy-turvy markets. The damage as of...

Ray Dalio is having a very bad year.So very bad, in fact, that the billionaire risks losing his coveted title as king of hedge funds.Dalio’s $148 billion Bridgewater Associates has run up hefty losses this year, even as rivals have minted money in the topsy-turvy markets. The damage as of...

Ray Dalio is having a very bad year.So very bad, in fact, that the billionaire risks losing his coveted title as king of hedge funds.Dalio’s $148 billion Bridgewater Associates has run up hefty losses this year, even as rivals have minted money in the topsy-turvy markets. The damage as of...

Think of critical infrastructure, and sectors such as telecommunications, agriculture, and construction likely come to mind, as physical assets such as networks, farms, roads, and bridges keep economies humming. But the financial services industry is also among this cohort, according to the...