AQR bets on emerging markets to outshine US stocks over next decade
• Quant fund AQR is doubling down on its bullish call for emerging markets to outperform US stocks
• AQR sees emerging markets as having the highest expected returns over the next 5-10 years
• AQR bases its call on valuations - emerging markets look cheap compared to US stocks
• Other big investors like Morgan Stanley also favor emerging markets over the long run
• AQR says US stock dominance and outperformance of emerging markets can't last forever