The Visionary
The future, and what is barely possible, reads round the next corner.
Robert Arnott reads as The Visionary because he did not refine passive investing so much as rewire it. Fundamental Indexing, now a 140 billion dollar concept, was born of his willingness to challenge indexing orthodoxy when doing so drew institutional anger rather than applause.
“We came up with the idea of Fundamental Index, which has become a very important part of our business. It's over a hundred forty billion in assets now and it's under licensed to other distribution partners Pimco, Schwab, Invesco, Nomura.”
Explaining Fundamental Index scaleundated
“Whatever you're taught from whoever teaches it to you, ask the question, is this true? Have people tested it? It's in that latter category where something is widely believed but false that profit opportunities can be found.”
Advice to aspiring finance professionalsundated
“Thirty years ago I used to be really disappointed when my work angered people. Now I just shrug it off. If you upend somebody's worldview, they're going to be angry because they've built their career on a premise you just demonstrated was wrong.”
Reflecting on career and criticismundated
Masters in Business: “Robert Arnott on Global Asset Management (Podcast)”
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