AQR Equity Market Neutral’s big bet on value contributed to a drawdown that highlights shortfalls in its risk management and portfolio construction process. It continues to earn a Morningstar Analyst Rating of Neutral across all share classes.
Will QMNIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable QMNIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the QMNIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of QMNIX’s parent organization’s priorities and whether they’re in line with investors’ interests.