This really is a (B) instance for AQR's Impetus Funds. It supplies students a critical inflection point for analyzing the potential route reliance of the product and the nascent stages of a new product start depending on initial yields, and follows the first year of operation of the funds after launching. It allows students to wrestle with the way forward given these conditions, and how (if at all) it changes their views, pitch, and view on the strategy, and conventional long-short strategies more generally.
PUBLICATION DATE: April 19, 2011 PRODUCT #: 211075-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING