AQR Multistrategy Returns 15% in 2024 on Equity, Macro Gains: Know More Here
AQR Capital Management’s multi-strategy product returned 15.1% in 2024, outperforming the stock market even as co-founder Cliff Asness reaffirmed his concerns about “epic” values. The $2.3 billion Apex, which incorporates a mix of the quant firm’s trades, produced another year of double-digit profits, benefiting from stock-picking and macro trading, according to a person familiar with…