United States

Bridgewater Associates tells most employees to work from home

Bridgewater Associates — the world’s biggest hedge fund, headed by billionaire Ray Dalio — is telling most employees to work from home amid growing fears about the coronavirus outbreak, sources told The Post. As US cases of the virus surged over the weekend, insiders said the $160 billion fund signaled the alarm internally on Monday and Tuesday, and began the process of telling its traders and other employees to stay home and work remotely from the fund’s Westport, Conn., headquarters. On Wednesday, Bridgewater confirmed the precautionary steps, although a source close to the situation also told The Post that the fund hasn’t had any cases among its more than 1,800 employees contracting the deadly virus. “Out of an abundan ...