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Monday, July 18, 2011

AQR Goes Back to its Roots

News summary by MFWire's editors

AQR Capital Management LLC [see profile] today is officially unveiling its AQR Multi-Strategy Fund, a multi-strategy absolute return offering. The firm in May disclosed plans in to launch the vehicle.

The fund has exposure to convertible-arbitrage, fixed-income relative value, event-driven, dedicated short bias, equity market neutral, long-short equity, emerging-markets, global macro and managed futures.

In an interview with InvestmentNews, David Kabiller, founding principal and head of client strategies, said: "With this fund we're getting back to the roots of what absolute return is supposed to do." 

Edited by: Hung Tran


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