Quantitative Strategies

Ohio Allocator Cuts Target Vol For Risk Parity

Nov 8, 2022

The USD120 billion Ohio Public Employees Retirement system is scaling back its risk parity volatility target for its four external managers due to performance concerns. OPERS is cutting its volatility target for risk parity to 10% from 15% because absolute returns of the strategy have been “disappointing” due to higher-than-expected correlations between asset classes, according to an October 7 board memo.

Restricted content

You must be an EQD+ subscriber to view this page. Either sign in or see below on how to request a trial.