Managing and founding principal of AQR Capital Management, Cliff Asness, responds to President Obama’s call to limit the size and power of America’s banks.
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Steering portfolios through a fragmented world
As stagflationary shocks flip stock-bond correlations and the illiquidity premium in private markets proves elusive, the investors best placed to navigate a fragmented world are those with the governance infrastructure to deploy capital when others are forced to sell.
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