Wednesday, 24 December 2014
Last updated 10 hours ago
Jan 3 2012 | 4:56am ET
AQR Capital Management is ringing in the New Year with three new hedge funds.
The $41 billion quantitative specialist revealed the planned funds in Securities and Exchange Commission filings on Thursday, the second-to-last business day of 2011. It is unclear when the new vehicles will actually launch.
AQR's new funds include a so-called "black swan" tail-risk fund and a global total return fund. The third fund is named for former British Prime Minister Winston Churchill—AQR founder Clifford Asness' favorite historical figure—although its strategy is unclear.
The minimum investment requirement for the three new funds is $5 million.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.