FYI: AQR Capital Management’s flagship risk parity mutual fund, which has suffered big outflows, will no longer be billed as a risk parity fund.
The firm, which helped popularize the investing style, is changing the name and tweaking the strategy for its $344 million AQR Risk Parity Fund, according to a November regulatory filing. The rebranded AQR Multi-Asset Fund will have more leeway to bet against stocks and bonds, among other changes, which may help it navigate volatile markets.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-12-07/aqr-strips-risk-parity-name-from-mutual-fund-after-redemptions
