Pioneer in indexing retires from industry; Passionate believer in efficient markets theory is calling it quits after 33 years.(News)(Rex Sinquefield )

Pensions & Investments,  August, 2005  by Chernoff, Joel

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Byline: Joel Chernoff SANTA MONICA, Calif. - When Rex Sinquefield graduated with his MBA from the University of Chicago, he knocked on the doors of bank trust departments in three states, eager to put his newly acquired knowledge about efficient markets theory to work. But only American National Bank & Trust Co.

of Chicago was interested, hiring him in January 1972 and launching the first publicly marketed equity index fund about 20 months later. Today, investors have pumped trillions of dollars into index funds, and his own firm - Dimensional Fund Advisors Inc. - has $78 ...

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