American billionaire Ray Dalio to open Singapore family office

Uploaded By:  Alyssa Divina Submitted By:  Staff Reporter Case Study:  No Asian family offices have surpassed global peers due to Chinese stocks. American billionaire Ray Dalio, founder of asset management firm Bridgewater Associates, is opening his family office in Singapore to run his investments and philanthropy throughout the region, reports Bloomberg. Dalio has long ties to Asia and the Lion City and felt it was “high time” to open a family office here, a spokesperson said. read more