Cliff Asness: A hedge fund genius goes retail, by Shawn Tully
He already manages billions for elite investors. Now Cliff Asness believes he’s perfected a better way for regular folks to play the market, and he’s using that formula to build a mutual fund empire. At his home in Greenwich, Conn., Asness displays an admiration for Winston Churchill. His firm, AQR Capital, runs $42 billion. FORTUNE — Even among hedge fund brainiacs, Cliff Asness qualifies as a high achiever. In just …
Separate Accounts way forward, says hedge fund industry legend
Separate accounts way forward, says hedge fund industry legend Oct 19, 2011 by Charles Gubert Hedge fund managers will inevitably have to create separate accounts or structures that afford investors the same rights as separate accounts if they are to retain business, hedge fund industry veteran Frank Meyer has said. Separate accounts are tailored offerings for investors, which enable greater transparency and allow clients to maintain control over assets. The …