US asset manager AQR Capital Management has launched a multi-strategy alternatives Ucits fund.
The AQR Apex Ucits fund seeks to build a diversified portfolio by investing in a wide range of lowly correlated sub-strategies.
The strategy was created through an enhancement and re-naming of the $344m (£275.2m) AQR Systematic Total Return Ucits fund.
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“Apex utilises the culmination of our research insights gained over 25 years. We have evolved our process through the decades and recognise the importance of continual improvement,” said AQR co-founder David Kabiller.
“We are excited to offer our Ucits clients a multi-strategy that utilises our latest research, including economic trends, alternative markets, dynamic factor exposures, and machine learning.”
This story was written by our sister title Portfolio Adviser
