Value investors set for a ‘stupendous decade’: Rob Arnott

Investors should prepare for a sustained period of elevated inflation, which is likely to cause value stocks to significantly outperform their growth counterparts over the next decade, according to Research Affiliates’ Rob Arnott.

The founder and chairman of the Newport Beach-based investment manager warned pundits at The Australian Financial Review Alpha Live conference that signs of slowing inflation in the short term are “an illusion”.