The Architecture of Quantitative Insight
An interactive exploration of AQR Capital Management's foundational research that shaped modern quantitative investing
Foundational Research
The cornerstones of AQR's research that established the core factors in quantitative investing and transformed academic theory into institutional practice.
Value and Momentum Everywhere
Asness, Moskowitz, Pedersen
Value and momentum premia are pervasive across global markets and asset classes, are negatively correlated, and share a common global factor structure.
Impact: Established the theoretical foundation for multi-asset factor investing
Betting Against Beta
Frazzini, Pedersen
Leverage constraints cause investors to bid up high-beta assets, creating an anomaly where a portfolio long low-beta assets and short high-beta assets generates significant alpha.
Impact: Revolutionized understanding of risk-return relationships in equity markets
Quality Minus Junk
Asness, Frazzini, Pedersen
High-quality (safe, profitable, growing) stocks are not fully priced, allowing a 'Quality-Minus-Junk' factor to earn high risk-adjusted returns and act as a diversifier.
Impact: Formalized quality as a systematic investment factor with measurable alpha
Explore the Complete Research Library
Access the full interactive catalog of AQR's research with advanced search, filtering, and sorting capabilities. Discover over 100 papers spanning journal articles, white papers, and working papers.
View Interactive Research LibraryEducational Content
This analysis is for educational purposes only and should not be considered investment advice. Past performance does not guarantee future results. Factor investing involves risks including potential losses.