AQR Capital Management Launches Multi-Strategy Alternative Mutual Fund

The Multi-Strategy Alternative Fund targets low correlation to traditional asset classes and seeks to provide exposure to nine different types of alternative strategies: Convertible Arbitrage, Event Driven (including Merger Arbitrage), Fixed Income Relative Value, Equity Market Neutral, Long/Short Equity, Dedicated Short Bias, Global Macro, Managed Futures and Emerging Markets.

"By providing investors with access to nine different alternative investment strategies," said , CFA, Founding Principal and Head of Client Strategies at AQR, "the AQR Multi-Strategy Alternative Fund attempts to provide a comprehensive solution to their alternative investment needs. In addition, by targeting low correlation to traditional asset classes, the Fund has the added benefit of potentially increasing investors' portfolio diversification."

"As of today, there are only a relatively small number of mutual funds that pursue a similar multi-strategy approach. With AQR's extensive experience in managing multi-strategy portfolios for institutional clients, we believe that AQR is perfectly poised to respond to a growing market need among mutual fund investors. The launch of the Multi-Strategy Alternative Fund reinforces AQR's commitment to introducing innovative mutual funds that may help individual investors to build more efficient and diversified portfolios."

Distributed through financial advisors only, the Multi-Strategy Alternative Fund is the ninth mutual fund launched by AQR. Since the launch of the first fund in January of 2009, the AQR Funds have grown to over in assets as of 6/30/2011, primarily for institutional investors such as pensions and endowments. The firm offers a broad range of products that include aggressive high volatility market-neutral hedge funds, as well as low volatility benchmark driven traditional products. AQR Funds were created to provide mutual fund investors with access to these alternative and innovative strategies.

AQR's mutual fund offering includes Diversified Arbitrage Fund (ADANX); Managed Futures Strategy Fund (AQMNX); Risk Parity Fund (AQRNX); Momentum Fund (AMOMX); Small Cap Momentum Fund (ASMOX); International Momentum Fund (AIMOX); International Equity Fund (AQINX); and Global Equity Fund (AQGNX).

Smaller Managers Group

No warranty or guarantee of any kind, expressed or implied, is given regarding the accuracy, reliability, veracity, or completeness of the information provided here or by following links from this or any other page within this site, and under no circumstances will the author or service provider be held responsible, or liable for errors, or omissions resulting in any loss or damage caused or alleged to be caused by information contained in the material presented on the site, including but not limited to direct, indirect, incidental, special or consequential damages caused by using the information.

Institutional Investment Management, Equity and Bond Portfolio Strategies and Applications

The Only Guide to Alternative Investments You'll Ever Need, The Good, the Flawed, the Bad, and the Ugly

Directive on Alternative Investment Fund Managers: 3rd Report of Session 2009-10: Vol. 2 Evidence, House of Lords Paper 48-II Session 2009-10

The theory and practice of investment management

Alternative Investment Management Companies, Hedge Fund, Robeco, Private Equity Firm, Invesco, F