A programme called Momentum funds
the provision of free education and training projects for those who are unemployed for 12 months or more.
The AQR Momentum funds follow the launch of AQR's first mutual fund, the AQR Diversified Arbitrage Fund, earlier this year.
In conjunction, AQR also introduced a set of three no-load mutual funds based on these indices: the AQR Momentum Fund, AQR Small Cap Momentum Fund, and AQR International Momentum Fund.
3950, with momentum funds
and real money names looking to sell rallies.
Earnings momentum funds are for investors who have an appetite for risk.
Internet companies are prime examples of the companies an earnings momentum fund manager might buy.
And it's not just the so-called momentum funds
that are piling on with the herd that run up stock prices to unreasonable levels.
In June, the company completed a 1-for-3 reverse split that moved the company back up to a full Nasdaq listing, which they suspect provided momentum funds
with a greenlight to buy the stock.
Marks has served as Head of the Melbourne Companies Department at the Australian Stock Exchange; been a founding Director of Momentum Funds
Management Pty Ltd, an Australian venture capital firm; and was employed by KPMG Corporate Finance Ltd (Australia), where he rose to Director and was responsible for heading up the equity capital markets group in Melbourne.
Additional investors include PA Early Stage Partners, The Cairnwood Group, Momentum Funds
I & II, Arden Capital and Eastern Technology Fund and private investors.