Rob Arnott on Deep Value and ‘Running Towards Lions’

Rob Arnott on Deep Value and ‘Running Towards Lions’

Coming off a bad break-up? Famed investor Rob Arnott is here to help.  The founder of Research Affiliates, and an early pioneer in smart beta investing, Arnott launched a new index fund last year that attempts to turn underperforming stocks — that were literally kicked to the curb by other indexes — into profitable investments. Called NIXT, the deep-value exchange-traded fund relies on cheap valuations and poor recent performance of deleted stoc…