AQR Capital Selects J.P. Morgan for Fund Administration

AQR Capital Management has selected J.P. Morgan Worldwide Securities Services to provide a full suite of fund administration, prime custody and related securities services for AQR’s mutual funds with more than $2 billion in assets.

AQR specializes in alternative and innovative strategies and manages $27 billion in assets for some of the largest institutional investors in the U.S., Europe, Australia and Asia.

“When we decided to move our business from another service provider, we were looking for a strong firm that would help us build for the future by offering us leading technology, a highly automated environment and excellent customer service,” said Marco Hanig, president of AQR Funds. “As we prepare for our next phase of growth, we felt that J.P. Morgan was the right firm to help us reach our business objectives.”