The Indicator from Planet Money · Monday, September 28, 2026
AQR Capital Management experienced explosive growth, managing $70 billion in its tax-aware investing accounts within three years, a feat that typically takes decades for other major hedge funds. This rapid influx of capital highlights the strong demand among wealthy clients for strategies that aggressively minimize tax burdens.
“They went from having $3 billion in these accounts to having $70 billion. And maybe more now. They stopped publishing those numbers.”
“We're talking about $70 billion in three years. This is, you know, outrageously fast for anyone who knows this world.”