16/01/2023
By CHRISTINE WILLIAMSON
Hedge fund managers see abundant opportunities in 2023, after successfully navigating a volatile environment for global markets and rough conditions in 2022 fairly well.
Bridgewater Associates LP, Westport, Conn., is "well prepared" for 2023 market conditions, said Robert Prince, co-chief investment officer, in an interview.
"Our positions in 2022 reflected higher inflation from monetary tightening in more of a move to a downturn in the economy," Mr. Prince said.
As for 2023, Mr. Prince said "we think we're entering a stagflation environment with high inflation. Central banks can't simultaneously deal with high inflation and economic growth.