Massive passive: 50 years of the index fund

Happy birthday to the index fund, which this month turned 50 years old — looking fitter, feistier and more controversial than ever.

The success of passive investing has been breathtaking. There is now over $16tn in index funds of various stripes, almost twice the size of the combined private equity, venture capital and hedge fund industries. — The success of passive investing has been breathtaking. There is now over $16tn in index funds of various stripes, almost twice the size of the combined private equity, venture capital and hedge fund industries.Foto: Angela Weiss/AFP/NTB

Robin Wigglesworth (FT)

Publisert 19. July 2021, kl. 16.39Oppdatert 19. July 2021, kl. 16.41

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