Bridgewater’s Murray on radical transparency and op risk
Risk30 profile: “People think we’re crazy,” says giant fund’s co-CEO of its unique approach to op risk
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
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