Throughout our history, Bridgewater has focused on building the best possible understanding of global economies and markets. These unique insights drive our innovative investment management, inform global economic policy, and deliver returns for our clients. Here is a collection of our best thinking and insights so you can learn more.
These white papers lay out and explore Bridgewater’s thinking on the creation of the risk parity approach and portfolio construction.
RISK PARITY IS ABOUT BALANCE
WHITE PAPER | AUGUST 2011
Over twenty years ago Bridgewater Associates pioneered portfolio balancing concepts that came to fruition with the creation of the All Weather asset allocation strategy in 1996. Recently, several managers have begun to offer strategies based on some of these concepts, under the banner of “Risk Parity.”
ENGINEERING TARGETED RETURNS AND RISKS
WHITE PAPER | JANUARY 2004
In 1996, Bridgewater Associates established the All Weather principles for asset allocation, which have now been more broadly adopted under the banner “Risk Parity.” In 2004, Mr. Dalio wrote an article in which he explained these principles.