Karen Karniol-Tambour is leaving her role as co-chief investment officer of Bridgewater Associates to run Canada’s new sovereign wealth fund, lending Wall Street credibility and expertise to one of Prime Minister Mark Carney’s signature economic initiatives.
“Ms. Karniol-Tambour brings the experience and ambition to lead this mission — making investments that strengthen our economy and build lasting wealth for Canadians,” Carney said in a statement, confirming an earlier report by Bloomberg. “As we build a stronger, more independent Canada, we are ensuring Canadians have a direct stake in its success.”
