Cliff Asness’s AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions

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Cliff Asness's AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions

Clipping asness.

Chris Goodney | Bloomberg | Getty pictures

The multi -strategy hedge fund from AQR Capital Management hit the market with a 9% rally in the first quarter when Wall Street set out with extreme volatility in the middle of President Donald Trump's unusual tariff policy.

The APEX strategy of Cliff Asness' company, which combines shares, macro and arbitrage crafts and contained $ 3 billion in an administrated assets in March, increased 3.4% and increased its performance in the first quarter.

The Delphi Long-Short Equity strategy from AQR increased 9.7% in the first quarter, while the alternative trend tracking of Helix returned 3%.

AQR, whose managed assets reached 128 billion US dollars at the end of March, rejected a statement.

The stock market has just completed a turbulent quarter when Trump's aggressive tariffs caused concerns regarding serious economic slowdown and re -acceleration in inflation. The S&P 500 Immersed in March in March after he had reached a record in February.

For the quarter, the stock benchmark decreased by 4.6%and made a profit series of five quarters. The technically-corny Nasdaq Composite In the quarter, 10.4% lost, which would be its largest quarterly withdrawal since 22.4% of a break -in of 2022 in the second quarter.