AQR Capital Management: One new source for ideas that punters can tap for free is Cliffs Perspective, a blog started in September by Clifford Asness, the co-founder and chief investment officer of AQR Capital Management in Greenwich, Conn. AQR began in 1998 as a hedge fund and grew into a diversified investment firm. Its impossible to summarize its performance because it manages dozens of funds, but clearly investors like what they see: Assets under management have more than doubled since the end of 2011, to $115 billion as of Sept. 30. Strategies in Shorthand, according to Business Week. High minus low Buy companies with a high ratio of book value per share to market value per share value stocks and short sell low book-to-market stocks UMD You dont need $100 billion in assets under management to invest like someone who does. True, certain investing strategies are available only to the big boys and girls. But some of the worlds deepest pools of money are managed by principles that anyone with a few bucks to spare can copy. Thats why Warren Buffetts folksy letter to shareholders of Berkshire Hathaway BRK/A is an annual must-read. AQR says it uses all of these strategies except small minus big, which has not proven robust HML
(news.financializer.com). As
reported in the news.
Tagged under chief investment officer, Clifford Asness topics.