Dalio Says Risk Parity Strategy Didn't Add to Market's Turmoil

  • All Weather approach tends to `smooth,' not exacerbate, moves
  • Bridgewater's $80 billion fund has slumped 4.8% year-to-date

Ray Dalio: We Will Have a Worrisome Downturn

Ray Dalio, the money manager whose $80 billion All Weather fund pioneered risk-parity investing, is disputing the idea that the strategy contributed to increased volatility during last month’s global market rout.

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