AQR fund gains 'recommended' rating
Investment management firm AQR Capital Management has welcomed the fact that two of the key ratings houses have awarded its Wholesale Managed Futures Fund a 'recommended' rating.
AQR confirmed this week that the AQR Wholesale Managed Future Fund, which has $600 million in assets under management, had received 'recommended' ratings from both Lonsec and Zenith.
Commenting on the ratings, AQR principal Gregor Andrade said he believed the ratings reflected the transparency and expertise underlying the fund's strategy approach.
The fund is currently available via BT, Macquarie and Netwealth and AQR said other platforms were in the pipeline, including separately managed accounts (SMAs).
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