Ronen Israel

Ronen Israel is a Principal at AQR Capital Management and one of the firm's leading researchers on factor investing and alternative risk premia. He has co-authored numerous academic and practitioner papers on topics including value investing, momentum, carry strategies, and the broader taxonomy of systematic return sources that can be harvested across asset classes. His research on "alternative risk premia" — the idea that certain systematic return factors can be accessed cheaply through derivatives and other instruments — has been influential in the institutional investing world, contributing to the growth of smart beta and systematic multi-factor investment products. Israel collaborates with Clifford Asness and other AQR researchers to bridge cutting-edge academic finance with practical portfolio management.