Investing Amid Low Expected Returns

New Book by AQR Principal Antti Ilmanen

AQR Principal Antti Ilmanen’s book Investing Amid Low Expected Returns: Making the Most When Markets Offer the Least, addresses the challenges facing investors amid the prospect of record-low future expected returns.

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Book Excerpt

Download the excerpt to read the first chapter and foreword by Cliff Asness.

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Press Release

Read our announcement about the publication of the book.

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The book has received praise from leaders in the investment industry.

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Cliff's Perspective

Cliff highlights Antti's book as a must-read for those seeking to overcome exceptionally expensive markets.

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In the Press

See where “Investing Amid Low Expected Returns” has been featured in the press. 

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Deleted Scenes

Explore some of the content that didn’t make it into the final version of the book available exclusively here.

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The views and opinions expressed herein are those of the authors and do not necessarily reflect the views of AQR Capital Management, LLC or its affiliates (collectively “AQR”) nor do they constitute an offer or solicitation of an offer, or any advice or recommendation, to purchase any security, strategy or investment product. The information contained herein does not represent valuation judgments with respect to any financial instrument, issuer, security or sector that may be described or referenced herein and does not represent a formal or official view of AQR. While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability of fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sale materials. The advice and strategies contained herein may not be suitable for a reader’s situation. A reader should consult with a professional where appropriate. All endorsements are related solely to “Investing Amid Low Expected Returns” and are not related to AQR or AQR Advisory services.