Swiss Economicblogs.org
Published: Tuesday October 31 2017Renaud de Planta argues that if the majority of investors embrace index funds, they are likely to lead to less efficient markets and weaker corporate governance.To its growing band of proponents, passive investing is looked on as a panacea. Equity tracker funds, we’re told, will rid the financial market of toxic elements and restore it to full health.At first glance, it’s a persuasive argument. Poorly performing and expensive active managers have lingered...
Read More »