AQR Diversified Arbitrage Fund (ADAIX)
AQR Diversified Arbitrage Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Greenwich, CT, US. The stock last traded at $13.25, down 0.15% on the session, giving a market capitalisation of $2.65B. Its beta of 0.09 implies it has historically moved less than the broad market.
The fund endeavors to achieve returns superior to the ICE BofA US 3-Month Treasury Bill Index, after all expenses, while also prudently managing its tracking deviation from this benchmark. It builds a diverse investment portfolio utilizing a broad array of financial instruments. These include common stocks, convertible bonds, debt securities, lending arrangements, warrants, options contracts, various types of swap agreements (such as equity swaps, credit default swaps, and credit default index swaps), futures contracts, forward agreements, and other complex derivative products.
AQR Diversified Arbitrage Fund is most often compared with the following Financial Services names: