David Masters
- Features
USA: Style analysis brings indexing out of the closet
The recent decline of the Dow to early-1996 levels poses a number of potential problems for US investors.The US equity market is probably the most heavily indexed in the world. Estimates put the level of index-tracking at around 10% of market capitalisation. Around $90bn-100bn of this is in mutual fund ...
- Features
USA: Native speakers hushed
The US equity market has been experiencing a long-term bull run. One result has been a significant move into index-tracking funds.