GREENWICH, Conn.--(BUSINESS WIRE)--AQR Capital Management, LLC (“AQR”) today announced the winners of its fourth annual AQR Insight Award. Two papers share First Prize: “Commodity Trade and the Carry Trade: A Tale of Two Countries,” by Robert Ready, Ph.D., Simon School of Business, University of Rochester; Nikolai Roussanov, Ph.D., Wharton School, University of Pennsylvania, and NBER; and Colin Ward, Ph.D., Carlson School of Management, University of Minnesota; and “Option-Based Credit Spreads,