FYI: f you’ve ever complained about the high cost of airfare, or poor customer service from your bank, you have a new target for your ire—index funds.
Related Data
At a provocatively titled session, “Are Index Funds Eating the World?” at the Morningstar Investment Conference this past week, three panelists debated not the merits of index investing versus active management, but whether the rise of index investing poses a threat to capitalism, contributes to income inequality, and leads to higher prices on just about everything.
Regards,
Ted
https://www.barrons.com/articles/do-index-funds-hurt-investors-and-capitalism-51557510013?mod=djem_b_Weekly Feed for Barrons Magazine