Clipping asness.
Chris Goodney | Bloomberg | Getty pictures
AQR Capital Management used a volatile first half of 2025, with a duo from hedge funds doubled the return of the S&P 500.
The APEX strategy of Cliff Asness' company, which combines shares, macro and arbitrage handicrafts and has utilized assets of 4.3 billion US dollars, achieved 11.4%in the first six months of the year, as a person familiar with AQR returns, who was asked to be anonymous as the information is privately.
The boring Delphi stock fund from AQR with a managed assets of $ 4.1 billion received 11.6% net fees in the first half of 2025, the person said.
The stock exchange organized a breathtaking impact this year, although uncertainty remains in an aggressive trade war and an escalation in the Middle East. The S&P 500 recovered from almost 20% in April and achieved a record high on Friday and Monday. The stock benchmark has risen by 5.3% to date.
The alternative trend tracking of AQR has returned by 7.4% this year, the person said.
Asness was in 1998 with the co -founder of AQR after a stay with Goldman Sachs. He and his partners founded the investment philosophy of the quantified company at the Ph.D. Program that focuses on value and momentum strategies.
The company has successfully expanded into multi -strategy approaches in recent years. AQR has an managed assets of $ 142 billion, compared to about 99 billion US dollars at the beginning of 2024.
AQR refused to comment.