AQR Capital Management, an independent alternative investment management firm with USD54.5bn under management, has established a London office.

Based in Greenwich, Connecticut, AQR has a systematic and disciplined approach to asset allocation, portfolio construction and risk control. Its offerings range from traditional benchmark-oriented long-only strategies to absolute return alternative strategies.

David Kabiller (pictured), co-founding partner and head of client strategies at AQR, says: “Establishing a London base brings us in closer communication with our growing client base in Europe and globally, and underlines our continued commitment to providing UK and European institutional investors with superior research and portfolio solutions.

“We have a well respected team in place, will continue to leverage our extensive expertise collaborating with sophisticated institutional investors to continue to innovate and bring distinct investment ideas and concepts to clients in search of better ways to diversify their portfolios.”