STEPHEN CRANSTON: Business leaders have their work cut out in times of extreme uncertainty
Good leaders assume responsibility and are not held back by lack of certainty or the risk of making the wrong decision
Research Affiliates always seemed so isolated in Newport Beach, California. It may be the hometown of the vast Pimco fixed-income business, but otherwise you need to go up to San Francisco or over the Rockies to find the next serious fund management players.
But in the age of coronavirus, nowhere is isolated. Most of us still associate Research Affiliates with its bombastic founder, Rob Arnott. It is no accident that its most famous product, the Rafi, is often called the Rob Arnott fundamental index. But the business is now run by Katy Sherrerd, who spent 19 years building up the CFA (Chartered Financial Analysts) Institute into the leading asset management research body in the world. CFA is the most prestigious acronym in investment, comparable with SJs (Society of Jesus or the Jesuits) in the Catholic Church...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.