Founder, Chairman, Research Affiliates
WHY: Often credited as father of smart beta investing. Has published more than 100 papers in journals. Manages 21 funds, mostly equity, for neighbor PIMCO (see Daniel Ivascyn, Emmanuel Roman entries). Strategy co-led with Chris Brightman. UCSB grad.
RECENT: All Asset, his largest fund with $17.5B AUM, up 8.3% YTD.
QUOTABLE: “Clients think you’re stupid if you buy something that’s down, until the market turns.”
