• Rethinking Asset Allocation

    Among the pioneers of risk parity investing, AQR has been managing risk-balanced portfolios since it was founded, and dedicated risk parity strategies since 2006.

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  • The Case for Style Investing

    Our research has shown that four investment strategies — Value, Momentum, Carry and Defensive — have positive long-term returns with low correlation across a multitude of asset classes, markets and time periods.

  • A Leader in Alternatives

    AQR has managed alternative strategies for clients since it was founded in 1998. We seek to deliver attractive returns based on economically intuitive and repeatable strategies that are uncorrelated with traditional investments.

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  • Financial Theory Meets Practical Application

    Our investment strategies are built on solid economic principles, not simply to fit the past, and contain as much common sense as empirical evidence.

Our Strategies

Alternative Investment Strategies
Absolute Return

Absolute Return strategies seek to deliver positive returns — regardless of market direction. They pursue opportunities in many asset classes and many countries. The objective is to maximize returns within a given risk budget.

Total Return

Total Return investing seeks to deliver attractive risk-adjusted returns while allowing moderate correlations to traditional portfolios. These strategies are generally long-biased and may pursue opportunities in many asset classes and many countries.

Traditional Investment Strategies
Equities

Stocks have historically produced higher long-term returns than other assets, but typically at the price of higher volatility. Research has identified trends and anomalies that we believe may help investors seeking to beat benchmarks while reducing dependence on equity-market direction.

Our Thoughts

  • Cliff's Perspective

    Cliff Asness’ running commentary about investing, which non-shockingly emphasizes quantitative investing. It may also entail some macroeconomics, but only as it bears directly on the ability to create returns for clients and on investing in general.

Our Award-Winning Research

We have won many awards for our insights into market data and our innovative ideas for translating those insights into practical investment strategies. The recognition has come from professional journals, industry groups and the financial media.

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Insight Award
To honor and encourage applied innovation in academic research, the AQR Insight Award, sponsored by AQR Capital Management, recognizes important, unpublished papers that provide the most significant, new practical insights for tax-exempt institutional or taxable investor portfolios.
2014 First Prize
The High-Frequency Trading Arms Race: Frequent Batch Auctions as a Market Design Response
See details and all winners