Greenwich, Conn.-based AQR Capital Management is currently prepping to launch another alternative mutual fund to add to its growing family.
The AQR Style Premia Alternative Fund is the latest proposed addition to the $9 billion AQR fund family. The fund will provide exposure to four investment styles: value, momentum, carry and defensive, by going both long and short in global equities, bonds, interest rates, commodities and currencies, according to a
A spokesperson for AQR declined to comment on the impending fund launch.
AQR in March rolled out
AQR was founded in 1998 by former Goldman Sachs Asset Management executives Clifford Asness, David Kabiller, Robert Krail, and John Liew. The firm managed some $70 billion as of December 31, 2012.