Bridgewater becomes first hedge fund with CIBM access

Bridgewater Associates, the world’s biggest hedge fund manager, last month received approval to enter China’s interbank bond market (CIBM), alongside Aberdeen, Allianz Global Investors and BNP Paribas Investment Partners.  Bridgewater has registered seven fund accounts under the scheme – from its All Weather risk-parity product range – with the Chinese central bank last month, according to China Foreign Exchange Trade System. The $160 billion manager – which set up an who…