Cliff Asness Says the Machines Are Making More Decisions at AQR
- AQR co-founder speaks at Bloomberg Invest conference
- ‘We let the machine decide more,’ Asness says in interview
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AQR Capital Management is letting machines play an even bigger role across the $109 billion quant powerhouse, says co-founder Cliff Asness.
While the firm’s better performance over the past few years is partly due to market cycles, it has also made some changes, Asness said at the Bloomberg Invest conference in New York on Tuesday.