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Allocators push back on risk parity criticisms, fund size at CAIS

February 12, 2018 9:29 pm |

Market commentators have been quick to blame “the machines” as a reason for the market’s recent sell-off, prompting a harsh rebuttal from AQR’s Cliff Asness earlier this week. Where Asness and others were effectively defending their books as much as quants can, today they got support from some of the world’s biggest allocators at the Cayman Alternative Investment Summit. And, their thoughts could be good news for emerging managers.

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