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 What Do We Know About Hedge Fund Activity in FX Options? Sponsored by CME Group