AQR Capital Management adds unit class to trust



AQR Capital Management (AQR) has announced the introduction of new unit class within its AQR Global Risk Premium Trust.
It said the new class was intended to make the investment strategy accessible to a larger number of Australian investors.
Announcing the move, AQR principal Jeff Dunn said the new Class 1F units would come with additional disclosure and a smaller minimum investment size (A$25,000).
He claimed the changes would make the product suitable for use on Australian platforms and for distribution through financial advisers or directly to investors.
According to AQR, the trust's objective is to produce attractive risk-adjusted returns while diversifying investors' exposure to equity risk.
Recommended for you
AZ NGA has entered into a strategic partnership with national advice firm MiQ Private Wealth, as a way to provide a succession solution, as well as career development opportunities for staff.
While the advice profession struggles under growing operating costs, Adviser Ratings has found more than half of practices – some 58 per cent – that generate less than $250,000 in revenue report no profit at all.
The Federal Court has ordered the freezing of assets and the appointment of receivers to two entities linked to Australian Fiduciaries, ASIC’s latest move in an ongoing investigation into the company’s managed investment schemes.
Off the back of the August adviser exam results, the profession has seen 17 new entrants hit the Financial Adviser Register (FAR) this week, helping numbers return to positive territory.