You are here

Why passive investing could become the scourge of Wall Street

Index funds have flogged their rivals, and this could sound the death knell for actively managed funds

Passive investing, which was supposed to make it easier for the set-it-and-forget-it set, could make the market intolerable, especially for individuals.

New York

THE problem with passive investing, I promise, is worse than you think.

There has been plenty of anxiety on Wall Street about the rise of indexing and ETFs, known collectively as passive investing, with the number of indexes exceeding the number of stocks. Academics and...

Market voices on: