In recent times, global asset management giants have made frequent moves in the Chinese market. After BlackRock obtained China's first wholly foreign-owned public fund license, the world's largest hedge fund Bridgewater also registered its second domestic private equity fund at the end of September.

Fund - Bridgewater All-Weather Enhanced China Private Securities Investment Fund No. 2.

There are various signs that although the global market is still full of uncertainties, the pace of foreign investment institutions in China has not slowed down.

Bridgewater has increased its investment in Chinese assets. According to data, Bridgewater was founded in 1975 and is the world's largest hedge fund company.

Bridgewater (China) Investment Management Co., Ltd. was established on March 7, 2016, and completed registration as a private equity fund manager with the China Asset Management Association on June 29, 2018.

Bridgewater's first product in mainland China is called "Bridgewater All-Weather China Private Equity Investment Fund No. 1" and was established on October 9, 2018. This is Bridgewater's second domestic private equity product two years later.

It is worth noting that Bridgewater’s two domestic private equity funds both adopt the all-weather strategy that it is good at.

The all-weather strategy is a low-risk asset allocation strategy recommended to individual investors by Ray Dalio, founder of Bridgewater Associates.

According to the explanatory document on the all-weather strategy published by Bridgewater, the all-weather strategy divides the risks faced by the fund into four major categories: economic growth, inflation, economic contraction, and deflation.

To address the risks of these different economic cycles, the strategy allocates different types of assets.

For example, to deal with inflation risks, the portfolio needs to hold inflation-protected bonds, commodities and developing country bonds.