Reported 11 months ago
Cliff Asness, co-founder of AQR Capital Management, mentioned at the Bloomberg Invest conference in New York that the firm is increasing the role of machines in its operations. Asness noted that letting machines make more decisions has contributed to the firm's improved performance. AQR has diversified into trend-following strategies and ventured into esoteric markets like Malaysian palm oil and milk. Asness also highlighted the market's increased inefficiency due to factors like meme stocks and valuation gaps, influencing the firm's investment strategies.
Source: YAHOO