AQR Capital Management reaches mid-year with double digit returns, source says
AQR Capital Management reaches mid-year with double digit returns, source says
Published by Global Banking and Finance Review
Posted on July 1, 2025
Published by Global Banking and Finance Review
Posted on July 1, 2025
LONDON (Reuters) -Billionaire investor Cliff Asness's AQR Capital Management finished the first half of the year with positive returns in several of its funds, said a source on Tuesday.
The $142 billion hedge fund returned a positive 0.9% performance in June in its multi-strategy fund, Apex Strategy, with a net 11.4% return so far this year, the source with knowledge of the matter said.
AQR's Helix Strategy which trades equity trends posted an 0.4% return for June and is up 7.4% for the year through June.
But the hedge fund's AQR Delphi Long-Short Equity Strategy June performance declined 2.1% in June, still leaving it with a positive 11.6% half-year return.
(Reporting by Nell Mackenzie; Editing by Dhara Ranasinghe)