To beat markets that are nearly efficient, we believe investors must apply a disciplined, thoughtful and economically intuitive approach that creates value at every stage of the investment process. AQR believes that a fundamentally-driven, systematic process is an essential tool to achieve long-term success in investment and risk management. Investment strategies - whether based on academic study or practical experience - must be grounded in solid economic principles, not simply built to fit the past, and should contain as much common sense as analytical firepower. 
 

Recent Updates

 
AQR Launches Style Premia Alternative Fund

November 7, 2013

The new mutual fund seeks to give financial advisors access to systematic investment styles that, based on empirical research, have generated long-term positive returns in a wide cross section of asset classes.

2014 AQR Insight Awards Season Begins

October 15, 2013

Affirming our belief that testable new ideas are essential to improving long-term investing performance, AQR today began accepting submissions for its annual AQR Insight Award. Up to three unpublished research papers with significant practical investment insights will share a $100,000 prize.

Market-Return Research Wins 2013 AQR Insight Award

May 20, 2013

Martin Lettau, Ph.D., Michael Weber and Matteo Maggiori, Ph.D. were announced the winners of the second annual AQR Insight Award for their innovative and practical unpublished research in predicting market returns for currencies and other asset classes.

AQR Launches 'Core Equity' Mutual Funds

March 27, 2013

With these new funds, we seek to provide more consistent returns by simultaneously diversifying across three investment styles: value, momentum and profitability.

AQR Launches Two New Risk Parity Funds

November 5, 2012

AQR’s objective with these new mutual funds is to produce attractive risk-adjusted returns while diversifying investors’ exposure to equity risk.

An Old Friend: The Stock Market’s Shiller P/E

November 5, 2012

The Shiller P/E ratio for the S&P 500 is higher than it has been 80% of the time since 1926. At this level in the past, average real stock market returns over the next decade haven’t broken 1%. Fund managers seeking a 7-8% real return on stocks alone are rooting for something drastically above the average.

Lasse Pedersen Awarded the 2012 Nykredit Research Prize

October 22, 2012

The Nykredit Foundation aims to stimulate research in Denmark within the financial, HR and CSR areas. Lasse's research shows how liquidity crises affect financial asset prices.

2013 AQR Insight Award

October 10, 2012

Following up on an exciting debut earlier this year, AQR has begun to solicit submissions for the 2013 AQR Insight Award.

AQR Launches Defensive Equity and Commodities Mutual Funds 

July 9, 2012

Newest launch of AQR Funds represents continued commitment to provide financial advisors with a broader menu of choices for diversity and increased efficiency.

The 5 Percent Solution in Institutional Investor Magazine

May 30, 2012

The much-coveted 5 percent real rate of return is difficult to achieve, but for investors willing to use derivatives and leverage there is a potential way to do it.

Lasse Pedersen Awarded the 2011 German Bernacer Prize for Economics 

May 28, 2012

The prize, awarded annually since 2001, honors European nationals younger than 40 who have made outstanding contributions to the fields of macroeconomics and finance. The award's namesake, German Bernacer, was a 20th-century Spanish economist.


Past Links 

AQR Receives 2011 Graham and Dodd Best Article Award 

Mar 15, 2012

CFA Institute awards Cliff Asness, Roni Israelov and John Liew for Best Article, “International Diversification Works (Eventually),” in the Financial Analysts Journal (FAJ).

AQR’s Head of Risk Management, Aaron Brown, Receives Honors

Feb 28, 2012

The Global Association of Risk Professional (GARP) awards Aaron Brown with Risk Manager of Year Award.