Bridgewater names co-CIOs for sustainability

The world’s largest hedge fund firm, Bridgewater Associates, is set to make its mark on the sustainable investing world with the hire of Karen Karniol-Tambour and Carsten Stendevad, who will serve as co-chief investment officers for sustainability.

The pair will oversee the effort, including the design and implementation of investment solutions for clients pursuing sustainability goals alongside their financial targets. Karniol-Tambour has been with the $150 billion firm for more than 14 years and was head of investment research at Bridgewater. Stendevad joined Bridgewater four years ago from the GIC fund in Singapore . . .

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