{"id":12818,"date":"2025-04-02T05:53:38","date_gmt":"2025-04-02T05:53:38","guid":{"rendered":"https:\/\/finderica.com\/?p=12818"},"modified":"2025-04-02T05:53:38","modified_gmt":"2025-04-02T05:53:38","slug":"cliff-asnesss-aqr-multi-strategy-hedge-fund-returns-9-in-the-first-quarter-during-tough-conditions","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=12818","title":{"rendered":"Cliff Asness&#8217;s AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-103975967\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>Cliff Asness.<\/p>\n<p>Chris Goodney | Bloomberg | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>AQR Capital Management&#8217;s multistrategy hedge fund beat the market with a 9% rally in the first quarter as Wall Street grappled with extreme volatility amid President\u00a0Donald Trump&#8217;s uncertain tariff policy.<\/p>\n<p>The Apex strategy from Cliff Asness&#8217; firm, which combines stocks, macro and arbitrage trades and has $3 billion in assets under management, gained 3.4% in March, boosting its first-quarter performance, according to a person familiar with AQR&#8217;s returns who asked to be anonymous as the information is private.<\/p>\n<p>AQR&#8217;s Delphi Long-Short Equity Strategy gained 9.7% in the first quarter, while its alternative trend-following offering Helix returned 3%, the person said.<\/p>\n<p>AQR, whose assets under management reached $128 billion at the end of March, declined to comment.<\/p>\n<p>The stock market just wrapped up a tumultuous quarter as Trump&#8217;s aggressive tariffs raised concerns about an severe economic slowdown and a re-acceleration of inflation. The <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\">S&amp;P 500<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> dipped into correction territory in March after hitting a record in February.<\/p>\n<p>For the quarter, the equity benchmark was down 4.6%, snapping a five-quarter win streak. The tech-heavy <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-2\">Nasdaq Composite<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> lost 10.4% in the quarter, which would mark its biggest quarterly pullback since a 22.4% plunge in the second quarter of 2022.<\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/04\/01\/cliff-asnesss-aqr-multi-strategy-hedge-fund-returns-9percent-in-the-first-quarter-during-tough-conditions.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cliff Asness. Chris Goodney | Bloomberg | Getty Images AQR Capital Management&#8217;s multistrategy hedge fund beat the market with a 9% rally in the first quarter as Wall Street grappled with extreme volatility amid President\u00a0Donald Trump&#8217;s uncertain tariff policy. The Apex strategy from Cliff Asness&#8217; firm, which combines stocks, macro and arbitrage trades and has<\/p>\n","protected":false},"author":1,"featured_media":12819,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[5312,5311,5310,5314,143,1308,5313,2115,446,3247],"class_list":{"0":"post-12818","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-aqr","9":"tag-asnesss","10":"tag-cliff","11":"tag-conditions","12":"tag-fund","13":"tag-hedge","14":"tag-multistrategy","15":"tag-quarter","16":"tag-returns","17":"tag-tough"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/12818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12818"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/12818\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/12819"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}