US quant specialist AQR Capital Management has announced the establishment of an office in Frankfurt, Germany as in a bid to expand its European presence.
The new office will be led by Axel Weiss, managing director and head of Germany and Austria Business Development.
AQR is a $203bn (€179bn) quantitative investment manager, headquartered in Connecticut.
The firm employs a systematic investment approach grounded in research insight and economic theory, and manages a diverse platform of alternatives, total return, traditional equities, and traditional fixed income strategies.
