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5min chapter
Dimensional Co-CEO Gerard O'Reilly on the Future of Fund Management
Odd Lots
The Definition of Value in Fund Management, Intangible Assets, and Entry into the ETF Market
This chapter explores the concept of value in fund management and how traditional measures may not accurately capture intangible asset values. It also discusses the presence of intangible assets on company balance sheets, the misleading presentation of data regarding their percentage, and the impact of federal bank capital rules on loans and small businesses. Finally, it mentions the growth and entry of the company into the ETF market and the approval of actively managed ETFs.
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