Mr. Arnott is the founder and chairman of Research Affiliates, a subadvisor to PIMCO. In 2002, he established Research Affiliates as a research-intensive asset management firm that focuses on innovative multi-asset, active equity, and alternative indexation solutions. Along with Chris Brightman, he is co-portfolio manager on the PIMCO All Asset, PIMCO All Asset All Authority, and PIMCO RAE (Research Affiliates Equity) strategies. He previously served as chairman of First Quadrant from 1998 to 2004, and before that as global equity strategist at Salomon Brothers, president of TSA Capital Management (now Analytic Investors), and vice president at The Boston Company. He has published more than 130 articles in journals such as the Journal of Portfolio Management, the Harvard Business Review, and the Financial Analysts Journal, where he also served as editor in chief from 2002 through 2006. He graduated summa cum laude from the University of California, Santa Barbara, in 1977 in economics, applied mathematics, and computer science.