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Rob Arnott: We’re making worse mistakes than the 2008 financial crisis

A shop closed due to Covid-19 lockdown measures in Birmingham
A shop closed due to Covid-19 lockdown measures in Birmingham Photo: Getty Images

The world’s biggest economies are at risk of making bigger mistakes than those made during the financial crisis, according to top investor Rob Arnott who is known as the “godfather of smart-beta” investing.

The founder and chairman of the board of Research Affiliates, a global asset manager, told Financial News that the lockdowns forced by the Coronavirus outbreak has fuelled “asset bubbles” that will bring pain further down the line.

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