
Ray Dalio’s USD 138bn asset manager has tweaked its version of the strategy by moving into alternatives to conventional bonds as yields hit historic lows, a person familiar with the matter has confirmed.
The shift, telegraphed by the firm in a July report, drives a new wedge between Bridgewater and risk-parity purists and speaks directly to concerns that have long dogged the systematic investing approach.
Get full access for you and your coworkers.
Start a free company trial todayAlready a member? Log in.