TY - JOUR T1 - Practical Applications of Jack Bogle and Smart Beta: Disruption in the Investment Management Industry JF - Practical Applications DO - 10.3905/pa.2022.pa511 SP - pa.2022.pa511 AU - Rob Arnott AU - Katrina Sherrerd Y1 - 2022/08/31 UR - https://pm-research.com/content/early/2022/08/29/pa.2022.pa511.abstract N2 - In Jack Bogle and Smart Beta: Disruption in the Investment Management Industry, from the Spring 2022 issue of The Journal of Beta Investment Strategies, authors Rob Arnott and Katrina Sherrerd of Research Affiliates credit Bogle’s decision to separate inexpensive beta from the more-expensive quest for alpha with being perhaps the most profound disruption of the investment industry in its history. The authors provide an overview of their own firm’s early impact on the development of smart beta investing, inspired in part by Bogle’s innovations, and a look at the subsequent evolution of smart beta. Their overview of the current beta investing landscape counsels investors on the benefits and dangers in the smart beta arena. They conclude by providing four principles for smart beta investing. ER -