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Rob Arnott Sells Index Business, Pivots to Active Investing

Summary

  • Rob Arnott has divested his renowned index business.
  • His remaining $30 billion business is rebranding to Syzygy.
  • The focus now shifts to a deeper engagement in active investing.

Rob Arnott, the visionary behind the smart-beta concept through Research Affiliates, has concluded a significant transaction. He has sold the index business that established his reputation in the financial world. This divestiture allows Arnott to concentrate his efforts and resources on his remaining money-management business, which commands an impressive $30 billion in assets.

This retained business has undergone a rebranding and is now known as Syzygy Asset Management. The strategic direction for Syzygy is a decisive move towards deeper involvement in active investment strategies. This marks a notable evolution from Arnott's previous pioneering work in index-based investment solutions.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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