Former Bridgewater Associates co-chief executive Eileen Murray filed a suit against the world’s largest hedge fund on 24 July, alleging Bridgewater is withholding an estimated $20m to $100m in deferred compensation because she disclosed her gender discrimination dispute to a third party.

The suit said the circumstances around Murray’s departure earlier this year from Bridgewater had “given rise to substantial claims... against Bridgewater based on gender discrimination, unequal pay, and breach of contract”.