Surveillance
We Asked Risk-Parity Practitioners If We Should Worry About It
The strategy made famous by Ray Dalio has attracted more and more assets. Managers say it's still small and they're not in lockstep; others aren't so sure.
An American flag flies across from the New York Stock Exchange (NYSE) in New York, U.S., on Friday, May 4, 2018.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
Market crash with no obvious culprit? Struggling to identify systemic risks? Unforeseen asset rotation?
Blame risk parity. You won’t be the only one to do so.