AQR Style Premia Alternative has been upended by nearly unprecedented factor volatility, highlighting shortfalls in its investment process. Its Morningstar Analyst Rating has been downgraded to Neutral for all share classes.
AQR Style Premia Alternative R6 QSPRX
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will QSPRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable QSPRX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the QSPRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of QSPRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Sound in theory, but falling short in practice.
