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Investment

Beware high correlations: AQR

An allocation to hedge funds is necessary to stand any chance of making any money in down markets, according to AQR Capital Management co-founder and head of client strategies David Kabiller.

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Read more: David Kabiller,  AQR,  AQR Capital Management co-founder,  Australia,  Investment,  Asia-Pacific region,  Australian,  Goldman Sachs executive,  May 1,  May 2014,  New Zealand clients,  Sharpe ratios