Key Takeaways
- • Yao Hua Ooi, co-head of AQR Capital Management's Macro Strategies Group, has departed the firm to pursue a new opportunity, effective June 2024.
- • John J. Huss has been appointed to replace Ooi as co-head of the Macro Strategies Group, alongside Jordan Brooks, who remains as co-head.
- • Ooi's departure marks a notable leadership transition at AQR's macro division, which manages strategies spanning global macro, risk parity, managed futures, and alternative risk premia.
- • According to supplemental sources, Ooi has joined Capula Investment Management as a Senior Portfolio Manager following his exit from AQR.
Summary
Yao Hua Ooi, a Principal at AQR Capital Management and co-head of its Macro Strategies Group, has departed the firm as of June 6, 2024. An AQR spokesperson confirmed the departure, with Ooi indicating he is pursuing a new opportunity outside the firm. Ooi had held leadership responsibility for the macro strategies division, which oversees a portfolio of systematic investment approaches including global macro, multi-strategy, risk parity, managed futures, and alternative risk premia strategies.
The departure triggers a leadership restructuring within AQR's macro division. John J. Huss, also a Principal at the firm, has been appointed to replace Ooi as co-head of the Macro Strategies Group, joining Jordan Brooks, who continues in the co-head role. This ensures continuity in the division's leadership structure following the transition.
Ooi's tenure at AQR positioned him as a recognized expert in systematic macro investing and trend-following strategies. His research contributions and market insights have been featured across industry platforms and publications, reflecting his prominence within the alternative investment space. The leadership change at AQR is consistent with broader personnel transitions that have occurred within the firm in recent years.
The departure triggers a leadership restructuring within AQR's macro division. John J. Huss, also a Principal at the firm, has been appointed to replace Ooi as co-head of the Macro Strategies Group, joining Jordan Brooks, who continues in the co-head role. This ensures continuity in the division's leadership structure following the transition.
Ooi's tenure at AQR positioned him as a recognized expert in systematic macro investing and trend-following strategies. His research contributions and market insights have been featured across industry platforms and publications, reflecting his prominence within the alternative investment space. The leadership change at AQR is consistent with broader personnel transitions that have occurred within the firm in recent years.
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