Cliff Asness
March 18, 2009
Clifford S. Asness, Ph.D, is the CEO of AQR Management. He is an financial analyzer and Hedge Fund Expert. Before AQR Management was Director of Quantitative Research for the Asset Management Division and Managing Director for Goldman, Sachs & Co. At Goldman, chiff and his team is responsible for bidding quantitative models to add value in global equity. He received the Journal of Portfolio Management twice in 2001 and in 2003.
According to the research the Hedge Fund Liquidations Reached All Time High in 2008. According to the report 1,461 hedge funds were closed in 2008 and around 775 shut their doors in fourth quarter. In an interview on CNBC this morning Clifford S. Asness said that the hedge funds have a 0.95 correlation with the market and having a peculiar performance in first quarter of 2009.
Clifford S. Asness
Clifford Asness