AQR Closes Fund to New Clients

Chidem Kurdas

With total assets more than doubling in the past two years, AQR Capital

AQR Strategies Vary in Retail Appeal

Chidem Kurdas

The series of mutual funds AQR Capital started  since early last year have raised almost $1.1 billion as of the end of this February. From that perspective the mass market bet – watched by other hedge fund managers interested in starting mutual funds – appears to have worked out.

AQR, founded by a former Goldman Sachs group led by Cliff Asness, had total assets of around $20 billion at the end of 2009, down by more than one-third from the peak in 2007. 

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