AQR To Sell Mutual Funds Exclusively Through Advisers

Oct 19 2010 | 1:39am ET

Hedge fund AQR Capital Management is going even more traditional with its more traditional offerings.

The quantitative specialist will begin selling its mutual funds exclusively through financial advisers at the end of the month. The firm said it wants the sometimes-complex instruments explained to potential investors by a professional.

"Ninety-five percent of our assets come from advisers now," David Kabiller, head of client strategies, said. "Our intent was always to target financial advisers, but now it will be exclusive."

Current mutual fund investors who own their shares directly will be allowed to continue to buy shares without an advisor.

AQR launched its first mutual fund last January. The range now contains eight funds with $2 billion in assets; the firm manages a total of $29 billion.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…