What is the CEO's quote regarding the future of the $138 billion fund?
How Bridgewater Is Moving on From Ray Dalio
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Ray Dalio has handed over leadership to a younger team aiming to innovate by capping fund sizes for flexibility and profitability, investing in AI and machine learning, expanding in Asia, and focusing on sustainability. The CEO emphasizes the need to 'Evolve or Die' and is making significant changes to boost returns, including expanding their presence in Singapore to better serve clients and attract new ones.
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What is the purpose of expanding the footprint in Singapore?
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