AQR Capital Management has unveiled four mutual funds, such as AQR US Defensive Equity Fund, AQR International Defensive Equity Fund, AQR Emerging Defensive Equity Fund and AQR Risk-Balanced Commodities Strategy Fund.
The US investment management firm said that the funds offer individuals as well as wealth managers to select the optimum fund and to help create more resourceful portfolios.
AQR cfa, co-founding partner and head of client strategies David Kabiller said, "We continue to leverage our extensive expertise with sophisticated institutional clients to bring distinct investment ideas and concepts to a growing financial advisor marketplace that is in search of better ways to diversify their clients’ portfolios."
The fund manager said that the defensive equity funds offers equity-like returns with lower volatility and smaller drawdowns, while the commodities fund provides higher returns while maintaining a more consistent risk level and smaller drawdowns.
"As the baby boomer generation moves from wealth maximization to wealth preservation, many of these alternative investment solutions may enable financial advisors to better meet their clients’ investment objectives," Kabiller added.
AQR Capital Management had total assets under management of $54.5bn as of 30 June 2012 on behalf of pensions, insurance companies, endowments, foundations and sovereign wealth funds, as well as registered investment advisors.