Chuanqiao Water's mainland management scale will increase by 40% to 55 billion yuan by 2024, with a return rate of over 35%.

According to reports, due to the ideal investment returns and new fund inflows, the Shanghai private fund managed by Bridgewater Associates, a hedge fund, was able to outperform other foreign counterparts in a turbulent market situation. The assets under management (AUM) increased by about 40% from less than 40 billion RMB at the beginning of last year to over 55 billion RMB at the end of last year, becoming the only foreign fund company managing assets exceeding 10 billion RMB. Benefiting from diversified investment strategies, Bridgewater's onshore all-weather enhanced fund returned over 35% last year, more than double the average return of similar domestic funds of 11%, and increased performance fees during the period, which is contrary to the trend of many domestic funds reducing fees. Since its establishment in October 2023, Bridgewater's Asia (excluding China) total return strategy fund has achieved a net return of over 25%. The report indicates that Bridgewater believes that due to the continued loose monetary and fiscal policies in mainland China this year, the fund still sees many investment opportunities. The overall economic situation in Asia will support the stock market going up, with optimism on Japan and South Korea outside of China.