Hedge Fund Research, a leading provider of indexes, data and analytics for the hedge fund industry, has launched a new family of risk-parity metrics aimed at institutional investors and managers seeking comprehensive and robust performance benchmarks for the popular market segment. Risk parity is a portfolio allocation strategy based on targeting risk levels across various components of an investment portfolio. The approach allows investors to target specific levels of risk, and to divide that risk equally across their portfolio in order to achieve optimal diversification and stronger performance.