AQR Capital Management and the London Business School have launched the AQR Institute of Asset Management, a partnership that aims to advance research and best practices in money management.
The $122.2 billion money manager has made a 10-year commitment to the business school.
The AQR Institute funds and generates research in money management. It will conduct research, teaching and outreach activities, and will recognize scholars with annual grants and awards. It will also sponsor events for academics, policymakers and practitioners.
Four professors will lead the institute, and an advisory council will be formed, made up of money management representatives and academics.
“We were drawn to creating a premier academic venue that would foster thought leadership and promote excellence in asset management,” said David Kabiller, co-founding principal at AQR, in a statement released to coincide with the launch Jan. 14. “The AQR Institute will bring together scholars and industry-leading practitioners to produce original research and identify best practices from a global perspective. We are proud to partner with London Business School, which is renowned for its academic rigor, top faculty and diverse student body.”
The institute and its members will set their own agenda in terms of research, Mr. Kabiller said.