RT Journal Article SR Electronic T1 Practical Applications of 21st Century Asset Management: Facing The Great Divide JF Practical Applications FD Institutional Investor Journals SP 1 OP 4 DO 10.3905/cfa.2014.1.005 VO 1 IS CFA A1 Clifford S. Asness A1 Cathy Scott YR 2014 UL https://pm-research.com/content/1/CFA/1.5.abstract AB 21st Century Asset Management: Facing The Great Divide Clifford S. Asness In his presentation to delegates at the 67th CFA Institute Annual Conference in Seattle, Cliff Asness —Managing and Founding Principal of AQR Capital Management —simultaneously supported and took issue with the Efficient Market Hypothesis (EMH).In an exclusive, pre-conference interview for this Practical Applications report, Asness ministers to his self-diagnosed “schizophrenia” with a “modest refinement” to testing whether markets are in fact efficient.