AQR focuses on long-only as it closes some hedge funds to new capital

Fri Jan 6, 2006



AQR Capital Management has closed all of its arbitrage funds to new investors and is planning in the second quarter to close its Absolute Return Fund, a diversified multistrategy portfolio, to new investors as well.

The moves come as the Greenwich, Conn., firm looks to focus on research, trading and portfolio management.

AQR is...

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