Secret formula delivers returns – but at a price

Risk parity and risk premia have left the lab and are finding favour with investors. But does the practice match the theory?

Limited risk, steady returns. It is a combination for which fund managers have been hunting for decades.

Well, they have found it - some think. It is a strategy dubbed "risk premia" investing and money has been pouring into these types of funds in recent years.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump