The Second Coming of a Fund-of-Funds Refugee What makes an industry elder statesman turn on his hedge fund 1.0 roots? Related Articles After Double-Digit Returns in 2024, AQR’s Cliff Asness Makes Long-Term Predictions Michelle Celarier Bill Ackman’s Love Affair With Universal Music Drags Down his Hedge Fund Michelle Celarier The Rise of Oil Options: Why More Traders Are Getting Involved Sponsored by CME Group