AQR Capital Management (short for Applied Quantitative Research) is a global investment management firm based in Greenwich, Connecticut, United States. The firm, which was founded in 1998 by Cliff Asness, David Kabiller, John Liew, and Robert Krail, offers a variety of quantitatively driven alternative and traditional investment vehicles to both institutional clients and financial advisors. The firm is primarily owned by its founders and principals. AQR has additional offices in Bengaluru, Hong Kong, London, Sydney, Munich and Dubai.[2]
Investment philosophy and strategies
AQR employs a research-based "systematic and consistent approach" to portfolio construction.[3] This disciplined approach of identifying long-term, repeatable sources of return means "having a high conviction in the process, but not a high conviction in any particular stock".[3]