Reuters Hedgeworld (June 24, 2009)
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NEW YORK (Reuters) - AQR Capital Management LLC, among the world's largest hedge fund managers, will introduce another hedge fund-style mutual fund next month, as it expands its reach beyond the biggest investors.
Greenwich, Conn.-based AQR, a $20 billion firm led by former Goldman Sachs Group Inc. star Cliff Asness, led a new wave of hedge funds marketing to the masses when it launched the AQR Diversified Arbitrage Fund in January.Aqr Hedging Its Bets with Big Mutual Fund Plan
"We, in about two weeks, expect to introduce a whole new series of style exposures for retail investors," AQR co-founder David Kabiller told Reuters in a rare interview.
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