Editor's letter: A balanced approach

Passive funds down over active

Lauren Mason
clock • 3 min read
Investment Week editor Lauren Mason
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Investment Week editor Lauren Mason

Amid choppy stockmarket moves, geopolitical turmoil, and economies shifting gears as the world moves beyond the coronavirus pandemic, a certain anniversary may have escaped most investors.

This year marks the 50th birthday of the index fund, when Wells Fargo created a $6m ETF for Samsonite's pension programme. It is unlikely that the firm's John McQuon, who spearheaded the operation, would...

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