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This profile was automatically generated using 382 references found on the Internet. This information has not been verified. Learn more...
This profile was automatically generated using 382 references found on the Internet. This information has not been verified. Learn more...
Employment History
View...Board Membership and Affiliations
View...View all 382 references Web References
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1. Speaker's/ Professor's Biodata
www.cfala.org/cfala/SpeakersBi - [Cached]Published on: 4/21/2008 Last Visited: 4/21/2008
Clifford S. Asness, Managing and Founding Principal - AQR Capital Management, LLC -
2. AMG: News
www.affiliatedmanagersgroup.co - [Cached]Published on: 11/22/2004 Last Visited: 1/20/2008
AQR was founded in 1998 by a team of senior investment professionals led by Clifford S. Asness, David G. Kabiller, Robert J. Krail, and John M. Liew, and today includes a talented group of more than 70 employees, including 30 investment professionals.
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Mr. Asness, Chief Executive Officer of AQR, formerly led Goldman Sachs Asset Management's quantitative research group, and has worked closely with the three other founders of AQR for over 10 years. AQR seeks to produce high risk-adjusted returns combined with preservation of capital through the application of multiple quantitative investment strategies based on a combination of value and momentum factors applied across a large variety of liquid asset classes. Investment decisions are made and executed through integrated research, portfolio management and trading teams that utilize a proprietary model to dynamically measure portfolio risk and facilitate changes. In addition, Mr. Asness and other senior members of AQR's management are well-known for their published research in the field of investment theory and financial markets.
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"We are very excited about our new relationship with AMG because it provides a degree of liquidity and diversification for AQR's partners in a structure and with a partner in AMG which benefit our clients and our business," stated Mr. Asness. "We were attracted by AMG's partnership approach, which provides for continued autonomy in managing AQR, as well as by their reputation as a supportive partner. AQR's management will continue to be strongly aligned with the interests of our clients, by retaining a majority of the equity of our business, and by investing a majority of the proceeds from the transaction in AQR products. We look forward to continuing to serve our clients by offering them the same high quality investment products and excellent client service we have since our inception."
In addition to retaining a majority equity position, AQR's four founding principals, Messrs. Asness, Kabiller, Krail, and Liew, have signed long-term employment agreements with the Company, and will invest a significant portion of the proceeds from the transaction in AQR products. -
3. Wharton Club of New York
www.whartonny.com/article.html - [Cached]Published on: 12/31/2007 Last Visited: 12/31/2007
Cliff Asness’ Wharton Club of New York
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Clifford S. Asness, Ph.D. Managing & Founding Principal AQR Capital Management
Prior to co-founding AQR Capital Management, Cliff was at Goldman, Sachs & Co. where he was a Managing Director and Director of Quantitative Research for the Asset Management Division. Cliff and his team at Goldman were responsible for building quantitative models to add value in global equity, fixed income and currency markets for Goldman clients and partners.
Cliff has authored articles on many financial topics including multiple publications in the Journal of Portfolio Management and the Financial Analysts Journal. He has received the best paper award from the Journal of Portfolio Management twice (2001, 2003), a Graham and Dodd Excellence Award from the Financial Analysts Journal (2000), and the Graham and Dodd Award for the year's best paper from the Financial Analysts Journal (2003) and best shorter perspectives piece (2004). Cliff was a visiting lecturer at Yale University's School of Management where he co-taught a finance course, and has lectured periodically at the Massachusetts Institute of Technology and the Tuck School of Business at Dartmouth. He is on the editorial board of the Journal of Portfolio Management, the editorial board of the Financial Analysts Journal, and the governing board of the Courant Institute of Mathematical Finance at NYU.
Cliff received a BS in Economics from the Wharton School and a BS in Engineering from the Moore School of Electrical Engineering, both graduating summa cum laude, at the University of Pennsylvania. He received an MBA with high honors and a Ph.D. in Finance from the University of Chicago.

