Hedge Funds

Asness shows style, under fire


Sure, August's raucous markets meant a tough time for quant funds. But when a Connecticut newspaper wrote a front-page obituary for AQR Capital, Cliff Asness fired back with some quick-witted prose of his own. In his August 16 letter to the editor of Greenwich Time, the AQR founder wrote: "The front-page picture showing me to be surprisingly attractive for one 'so quantitative' was one of the few aspects of your article that was not false...all is okay at AQR."

Cliff Asness