Bridgewater + SSGA = ETF heaven

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Financial Times 15h ago

Bridgewater + SSGA = ETF heaven - Financial Times

Quick Summary:

Its success is one of the main things that made Bridgewater the world’s biggest hedge fund group, and the approach has been mimicked by many funds, including some ETFs.

Bridgewater’s proprietary strategy is an approach to strategic asset allocation that is designed with the goal of generating consistent returns across different economic environments.

State Street Global Advisors, the Boston bank’s asset management arm, will formally be the ETF’s investment adviser, and Bridgewater the sub-adviser.