Chinese hedge fund managers are racing to launch products styled on Bridgewater Associates' popular "All Weather" strategy, to meet hot investor demand for a cushion against expected volatility during Donald Trump's second U.S. presidency.

Bridgewater founder Ray Dalio's "All Weather" is a volatility-mitigating, multi-asset strategy that helped shield its Chinese clients from the brunt of the Sino-U.S. trade war during Trump's first term.