Maybe Computers Weren't to Blame for August's Stock Selloff After All
Pssst. Maybe it was your money manager.
Who knows what's happening in markets? No one, apparently.
Source: BloombergThis article is for subscribers only.
Risk parity—the "all-weather" investment strategy pioneered by Ray Dalio's Bridgewater Associates—has been grabbing all sorts of attention in recent weeks, of the wrong kind.
The strategy, in which funds tend to automatically adjust portfolios of bonds, stocks, and other assets in response to higher market volatility, has been blamed by some for exacerbating the recent selloff by shifting holdings into cash.