Published on 20 Jan 2022 on Insider Monkey via Yahoo Finance
10 Best Dividend Stocks to Buy According to Cliff Asness’ AQR Capital Management
In this article, we discuss the 10 best dividend stocks to buy according to Cliff Asness' AQR Capital Management. You can skip our detailed analysis of the hedge fund and its recent developments, and go directly to read 5 Best Dividend Stocks to Buy According to Cliff Asness’ AQR Capital Management.
Cliff Asness is the co-founder of Applied Quantitative Research, or AQR Capital Management, which is one of the very first quantitative funds in the U.S. The hedge fund focuses on factor-based investing and aims to build highly diversified investments while controlling risks attached to them. Asness is currently serving as a Managing Principal and Chief Investment Officer of AQR Capital Management. As of January 2022, Asness’ real-time net worth stands at $1.4 billion.
Cliff Asness supports value investing and believes that cheap stocks tend to perform better than expensive stocks and generate positive returns over the years. The hedge fund uses algorithms to track the market trends and build a portfolio accordingly. Following the value investing strategy, the fund managed to generate solid returns over the years. The hedge fund’s Long-Short Equity Fund returned 11.17% in 2013, followed by 16.15% in 2014 and 17.03% in 2015. AQR Capital Management’s Absolute Return Fund gained 16.8% in 2021, which has boosted investors’ confidence in Asness’ strategies. Moreover, the Absolute Return Fund started 2022 on a positive note, posting double-digit gains in the initial days of the year. The fund reported a 10.4% return to shareholders, marking its strongest five-day performance since its inception some 23 years ago, according to a report published by Financial Times.