(updated with correction)
Bridgewater Associates on Thursday opened a new daily liquidity version of its specialist risk-parity strategy, All Weather, at the request of the firm's corporate clients.
Bridgewater's All Weather strategy has been available with monthly liquidity, but the daily liquidity version permits defined contribution plan sponsors to more easily slot the strategy into customized target-date funds, confirmed a source with knowledge of the development who requested anonymity.
Bridgewater spokesman Parag Shah declined to comment.
Bridgewater managed $45 billion in the All Weather approach as of Nov. 30.