In recent years, the risk parity approach to asset allocation has been gaining popularity. Evidence supports it but confidence in its efficacy requires a theoretical justification.

Cliff Asness, AQR Capital Management

Going forward, instead of 5% real, traditional stocks and bonds will offer about 2.5%. But there are many things you can do to bridge the gap.

Cliff Asness, AQR Capital Management | 1 comment

Different (and difficult) times call for different approaches to portfolio construction - in this thought piece, Cliff Asness shares his views on tHiNkInG oUtSiDe ThE bOx about building portfolios.

Cliff Asness, AQR Capital Management