This is the second of 10 interviews marking Risk’s 30th anniversary. An introduction to the series is available here.
The world’s largest hedge fund does not have a chief risk officer, and there are no plans to recruit one.
“All our employees think they’re the chief risk officer of Bridgewater,” quips Eileen Murray, co-chief executive of the firm, which manages around $160 billion of hedge fund assets.
She’s only half joking. Shared responsibility for risk management is one of the core tenets