London Business School (LBS) has partnered with global investment management firm AQR to launch a new institute to advance research surrounding global asset management, the school announced today. Called the AQR Institute of Asset Management, it will fund and generate research in asset management to help individuals and organizations preserve and generate long-term wealth.
Four LBS academic members will lead the AQR Institute: Professors of Finance Francisco Gomes, Ralph Koijen, and Narayan Naik and Professor of Economics Hélène Rey. An advisory council made up of leaders in academia and the asset management industry will also contribute to the institute’s initiatives and growth.
“This is an exciting development bearing in mind London’s prominence in the field and the expertise of our own faculty,” LBS Dean Sir Andrew Likierman said in a statement. The AQR Institute will provide research, teaching and outreach activities; celebrate leading scholars in the field with annual grants and awards, and sponsor events bringing together academics, policymakers and high-level practitioners. It will also benefit students by strengthening ties with the global investment community.
The institute’s research agenda will reflect the current and future issues facing asset management, ranging from the challenges chief investment officers face in constructing portfolios to emerging regulatory and economic policies.
“We were drawn to creating a premier academic venue that would foster thought leadership and promote excellence in asset management,” David Kabiller, AQR founding principal, said in a statement. Making a 10-year commitment, AQR becomes one of the school’s most significant partners.
Learn more about the new AQR Institute for Asset Management.
