Large losses stemming from unusual market activity highlight potential shortfalls in AQR Equity Market Neutral’s investment process, resulting in a downgrade of its Morningstar Analyst Rating to Neutral from Bronze for all share classes.
Will QMNRX 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 QMNRX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the QMNRX 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 QMNRX’s parent organization’s priorities and whether they’re in line with investors’ interests.