Bridgewater's AI Doom Call Meets $624B Fund's Pivot Signal

Greg Jensen, Bridgewater's co-chief investment officer, has aligned with warnings that artificial intelligence poses existential risk to humanity, a stance now echoing across institutional trading floors. The comment lands as fund managers reassess how emerging technology risk should be priced into long-term portfolio construction.

Allspring Global Investments, which oversees $624 billion in assets, argues classic diversification models no longer provide adequate downside protection. The firm is steering clients toward liquid alternatives as correlation between equities and bonds continues to erode traditional hedging benefits.

Together, these signals point to a structural shift in institutional risk management, with technology disruption and correlation breakdown forcing large allocators to rewrite decades-old playbooks.