AQR takes step into exotic trend following
$200-billion quant firm joins those plugging new take on strategy that’s struggled
AQR Capital Management has become the latest quant fund manager to launch a trend-following strategy trading less orthodox assets, looking at markets from Mexican rate swaps to orange juice.
The $200 billion specialist in systematic investment is touting a new alternative trend fund to institutional clients, even as performance of this time-worn quant approach has sagged in mainstream markets.
“Trend following has come under some disfavour due to recent struggles,” says Yao Hua Ooi, the portfolio
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