AQR Alternative Risk Premia R6 QRPRX

Long-standing AQR principal, co-head of macro strategies, and portfolio manager on a number of strategies, Yao Hua Ooi is departing the firm for a new opportunity. As of June 3, 2024, Bryan Kelly, Tobias Moskowitz, and Erik Stamelos have joined AQR Alternative Risk Premia's management roster. John Huss now co-heads the macro strategies group with continuing co-lead Jordan Brooks. Huss will also head the firm’s integrated research efforts across AQR’s equity, macro, multi-asset, and managed-futures offerings. Ooi had been with the firm since 2004 and made considerable contributions to research during his tenure, particularly in the development of the managed-futures strategy. The firm’s team-based approach, however, coupled with the trajectory to enhance cross-collaboration and research integration, dissipates concerns about the loss. And although Ooi’s expertise was an asset here, the continuing contributors and the configuration of resources still support the Above Average People rating and Morningstar Medalist Rating of Neutral across all shares.