February 6, 2023
Regular readers probably noticed I’ve been talking a lot about value lately. While I’m all for shining the spotlight onto the value dislocation, my colleagues also continue to produce a great breadth of research worth adding to your non-value-reading-list. I preview some of my recent favorites.
Read moreFebruary 23, 2023
In a Bloomberg TV interview, AQR Managing Principal Cliff Asness discussed value’s continued outperformance, the still low expected returns for traditional assets, the benefits of liquid alternatives and more.
Read moreQ1 2023
Value has delivered attractive long-term returns but has also weathered difficult short-term periods. While these times are painful for investors, the subsequent recoveries are lucrative for those that stick with the factor. We summarize the evidence for why we believe long/short value continues to be an exceptional go-forward opportunity and how investors can adapt their portfolios accordingly.
Read moreOur Approach
Cliff's Perspectives
January 12, 2023
Recently, Dimensional Fund Advisors wrote critically on “liquid alts.” They make some good points, but they also draw some odd conclusions that if applied more generally would not be to their or our liking. Besides discussing their piece, below I also review the general rationale behind holding uncorrelated assets – in particular, equity “factors” held in a long-short manner.
Read moreOur History
Strategies
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