Stay updated with breaking news from Target Risk. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Investors including public pensions in New Mexico, Oregon and Ohio have yanked out cash, slashing the size of the funds by an estimated $70 billion from their peak three years ago.
Ray Dalio's once-lauded risk-parity strategy is facing investor exodus after years of underwhelming returns.
Investors cut the amount in risk-parity funds to about $90 billion by the end of 2023, from a peak of about $160 billion in 2021.
Many of the institutional investors who sunk large sums into Bridgewater’s risk-parity funds are demanding it back.
Without public hearings, the Texas Commission on Environmental Quality is proposing to adopt its 17-year-old standard that scientists and public health officials say fails to account for cumulative air pollution.