AQR Builds Machine-Learning Strength Via Lopez De Prado Hire
- Former Guggenheim quant joins $226 billion money manager
- Lopez de Prado was also previously at Tudor Investment, Peak6
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AQR Capital Management has appointed a head of machine learning for the first time in its two-decade history.
Marcos Lopez de Prado is joining the $226 billion money manager to fill the freshly created role, according to a Wednesday statement. He left Guggenheim earlier this year after building their proprietary quantitative-strategy business, departing along with his team at the time.