Fashionable «Risk Parity» Funds Hit Hard Investors who piled into «risk parity» funds, which follow a popular strategy that promises to make money in most environments, are being hit hard by the current market turmoil. (alpholio.com)
«Regarding the latter, it's been very frustrating to accurately predict the primary causes of the current market turmoil — the weak U.S. economy characterized by persistently high unemployment and a feeble housing market, plus the sovereign debt crisis in Europe — but to have done so a year too early (lest you think we are engaging in revisionist history, we've attached excerpts from our July 2010 and 2010 annual letter in an endnote at the end of this letter). (pragcap.com)
Let's hope REVA can pull this off, despite the current market turmoil, and let's hope others in the industry are taking note. (treehugger.com)