Bridgewater launched its new "Defensive Alpha" in July last year according to regulatory filings that have only just come to light.
- A source close to Bridgewater said the strategy, which has not been reported previously, is designed to help weather equity bear markets and generate returns negatively correlated to equities , which means the fund's profits will increase if stocks fall.
More at that link above.
(I guess this is not just put options , right?)
