{"id":54588,"date":"2016-09-29T10:08:32","date_gmt":"2016-09-29T14:08:32","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=54588"},"modified":"2016-09-29T10:08:32","modified_gmt":"2016-09-29T14:08:32","slug":"quant-who-coined-risk-parity-says-wall-street-has-it-all-wrong","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2016\/quant-who-coined-risk-parity-says-wall-street-has-it-all-wrong.html","title":{"rendered":"Quant Who Coined Risk Parity Says Wall Street Has It All Wrong"},"content":{"rendered":"<p>(Bloomberg) Nowadays, it\u2019s a rare selloff that isn\u2019t blamed on the growing heft of a strategy called risk parity.<br \/>\nBut to a 52-year-old quant who helped develop it, the problem isn\u2019t that risk parity is too big, but too small.<\/p>\n<p>From his office on Boston Harbor, Edward Qian of PanAgora Asset Management has made it his life\u2019s work trying to prove that the strategy &#8212; more popularly associated with Ray Dalio\u2019s Bridgewater Associates &#8212; isn\u2019t just a tool for divvying up stocks and bonds in hedge funds. Nor is it the destructive force that critics say could ruin markets. Pointing to three small photos of star clusters propped up at the edge of his desk, Qian says its principles are to investing what gravity is to the universe.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-09-29\/quant-who-coined-risk-parity-says-wall-street-has-it-all-wrong\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Nowadays, it\u2019s a rare selloff that isn\u2019t blamed on the growing heft of a strategy called risk parity. But to a 52-year-old quant who helped develop it, the problem isn\u2019t that risk parity is too big, but too small. [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-54588","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=54588"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54588\/revisions"}],"predecessor-version":[{"id":54589,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54588\/revisions\/54589"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=54588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=54588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=54588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}