Hedge Fund News From HedgeCo.Net


Quant Firm AQR Capital Management Seeks SEC Approval to Sell ETFs

(Bloomberg) One of the most profitable quant money managers may soon be taking a dive into the hot exchange-traded fund industry. AQR Capital Management, the $195 billion firm co-founded by Cliff Asness, last week asked the Securities and Exchange Commission for what’s called exemptive relief for index-based and transparent actively managed ETFs — the first step necessary to start a fund. If the permission is granted, the firm would have the legal go-ahead to offer the ETFs at any point in the future.

To read this article:

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Uncategorized, Syndicated. Bookmark the permalink.

Leave a Reply