Description
Discover the groundbreaking exploration of index funds with this BRAND NEW paperback, ISBN 9780241987971, published by Penguin UK in 2023. Dive into the world of passive investing, which has reshaped global markets and potentially saved investors billions of dollars in fees. This compelling book investigates the explosive growth of index funds—arguably the most influential investment vehicles of the last fifty years—and their profound impact on the finance industry. As index funds continue to rise, questions surrounding their socio-economic risks and long-term effects on capitalism emerge. Is passive investing a revolutionary boon to individual investors, or could it pose unseen threats to the financial landscape? With exclusive insights from industry giants and in-depth analysis by Robin Wigglesworth, Financial Times' New York-based markets editor, this book uncovers the thrilling history of index funds while exploring one of today's most pressing financial uncertainties. Don't miss your chance to understand the future of investing; order now and stay ahead in the ever-evolving investment landscape. For swift delivery across New Zealand, we ensure that your product arrives promptly, giving you the best service possible.
Condition: BRAND NEW
ISBN: 9780241987971
Format: B-format paperback
Year: 2023
Publisher: Penguin UK
Description:
The explosive growth of index funds has revolutionised markets around the globe but how far can they go?
Index funds are perhaps the most widely influential investment vehicles available. They have revolutionised investing, saving millions of people untold billions of dollars in fees that would otherwise have gone to fund managers. It is no exaggeration to say that the rise of passive investing is probably one of the most consequential financial inventions of the past half-century. It is rewiring markets and reshaping the finance industry.
Yet some detractors say that index investing is an insidious disease and with their rapid expansion, and grip on the financial market, index funds may have cataclysmic consequences that we aren't even aware of yet. What might the socio-economic risks of wide-spread passive investing be? What are the longer-term consequences to capitalism? And what does the future look like for the investment landscape?
Through exclusive interviews with key industry giants, Robin Wigglesworth, the Financial Times' New York-based markets editor, reveals the thrilling and untold history of the revolutionists behind the invention of index funds and investigates one of the most pressing financial uncertainties of our time.
Condition: BRAND NEW
ISBN: 9780241987971
Format: B-format paperback
Year: 2023
Publisher: Penguin UK
Description:
The explosive growth of index funds has revolutionised markets around the globe but how far can they go?
Index funds are perhaps the most widely influential investment vehicles available. They have revolutionised investing, saving millions of people untold billions of dollars in fees that would otherwise have gone to fund managers. It is no exaggeration to say that the rise of passive investing is probably one of the most consequential financial inventions of the past half-century. It is rewiring markets and reshaping the finance industry.
Yet some detractors say that index investing is an insidious disease and with their rapid expansion, and grip on the financial market, index funds may have cataclysmic consequences that we aren't even aware of yet. What might the socio-economic risks of wide-spread passive investing be? What are the longer-term consequences to capitalism? And what does the future look like for the investment landscape?
Through exclusive interviews with key industry giants, Robin Wigglesworth, the Financial Times' New York-based markets editor, reveals the thrilling and untold history of the revolutionists behind the invention of index funds and investigates one of the most pressing financial uncertainties of our time.