Overview

Our investment philosophy is based on three core principles, built on decades of research and experience. By applying these principles, we seek to deliver sustainable, long-term value for our investors.

Fundamental Investing

We rely on sound economic theory and analysis to help us deliver long-term, repeatable results.

Systematically Applied

A disciplined methodology underlies everything we do. Our investment process, built over 20 years, is based on a continuous process of design, refine, test, repeat.

Thoughtfully Designed

In portfolio construction, risk management and trading, we seek additional value for our clients. Using both qualitative and quantitative tools, we’re meticulous in every detail of the investment process.

Equities

For 25 years, our goal has been to build portfolios that deliver active returns within a risk-controlled framework. We apply our systematic approach across our strategies, catering to the widespread investment needs of our clients.

Single-Style

Strategies that provide pure implementations of individual styles, such as defensive, momentum and value.

Multi-Style

These strategies harness the diversification and potential return benefits of investing in multiple well-known styles in an integrated fashion.

Enhanced

These strategies seek to generate consistent excess returns over an equity benchmark. They combine established and proprietary signals based on rigorous research.

Relaxed Constraint

Strategies that build on Enhanced, but broaden the implementation through use of limited shorting in a 130/30 context while remaining beta-1 products.

3-Alpha

These strategies extend our Enhanced capabilities by adding dedicated country and currency models, seeking to capture additional alpha opportunities.

Alternatives

AQR has a long track record of managing the complexities of alternative strategies. We offer both absolute return strategies, which target zero exposure to traditional markets, either at all times, or on average; and total return strategies, which additionally seek to capture premia from traditional markets.

Absolute Return

Absolute Return Strategy

Provides exposure to a highly diversified, broad suite of alternative strategies, while maintaining near-zero correlation to traditional markets

Arbitrage Strategies

We offer convertible, merger and event-driven arbitrage strategies, or a diversified portfolio combining these strategies.

Equity Market Neutral

Employs a multi-factor, market-neutral investment process based on AQR’s broadest global stock selection capabilities.

Global Macro

Invests in major asset classes based on prices and macroeconomic fundamentals, using a variety of quantitative and qualitative inputs.

Managed Futures

A collection of strategies that seeks to take advantage of price and fundamental trends in traditional and alternative asset classes.

Opportunistic

Identifies securities that show extreme undervaluation based on both our quantitative models, as well as a thorough qualitative review.

Real Return

Seeks to provide an inflation-hedging, positive real return through a diverse mix of strategies and assets.

Style Premia

Seeks to harvest the return premia from well-known factors such as value, momentum, carry and defensive across asset classes and geographies.

Total Return

Apex

A comprehensive multi-strategy alternative that emphasizes more recent, innovative research and dynamic allocations to underlying sources of returns.

Diversified Growth Strategies

Offers a wide range of return sources including market risk premia, alternative risk premia, and alpha, with less reliance on traditional assets than conventional diversified growth strategies.

Long-Short Equity

Employs our investment process based on AQR’s broadest global stock selection capabilities, with modest exposure to equity markets.

Multi-Asset

Diversifies across global asset classes by risk, seeking to build a portfolio that is broadly diversified and not overly reliant on any single asset class.

Multi-Strategy

Offers a diversified approach to alternatives investing, seeking to provide broad exposure to several different AQR strategies at once.

ESG

AQR is committed to helping our clients achieve their Environmental, Social and Governance (ESG) goals. Our primary objective for considering ESG issues is improving the risk/return trade-off of our clients' investments. We provide investors a variety of options to achieve their ESG objectives. Find out more about our ESG solutions and philosophy.

Tax-Aware Investing

AQR’s tax-aware approach is informed by decades of research and experience managing traditional and alternative investment strategies. Our research has created new possibilities for U.S. taxable investors. Learn more about our tax-aware approach and solutions.

Investment Vehicles

AQR strategies are available in a variety of investment vehicles, from offshore limited partnerships to mutual funds and UCITS funds.

Institutional Investment Vehicles

We serve institutional investors—including pension funds, defined contribution plans, insurance companies, endowments, and foundations—with a range of vehicles to suit to their organization’s governance, pricing and liability needs.

Private Funds
Separate Managed Accounts
Collective Investment Trusts

Registered Funds

We make many of our strategies accessible to individual investors through AQR-sponsored mutual funds, and offer options for investors in Europe and in Australia. Contact us to learn more.