AQR Capital Management reaches mid-year with double digit returns, source says
© Reuters. FILE PHOTO: Cliff Asness, Co-Founder, Managing Principal and Chief Investment Officer of AQR Capital Management, speaks at the Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2016. REUTERS/Lucy Nicholson/File Photo
LONDON (Reuters) -Billionaire investor Cliff Asness’s AQR Capital Management finished the first half of the year with positive returns in several of its funds, said a source on Tuesday.
The $142 billion hedge fund returned a positive 0.9% performance in June in its multi-strategy fund, Apex Strategy, with a net 11.4% return so far this year, the source with knowledge of the matter said.
But the hedge fund’s AQR Delphi Long-Short Equity Strategy June performance declined 2.1% in June, still leaving it with a positive 11.6% half-year return.
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