Wigglesworth, Robin

Trillions: How a Band of Wall Street Renegades Invented the Index Fund and Changed Finance Forever

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ISBN 13:
9780241987971
author:
Wigglesworth, Robin
format:
Paperback
publisher:
Penguin Books Ltd
language:
English
Publication Year:
2023
Pages:
352
Dimensions:
19.7 x 13 x 2.2 centimetres (0.1
Genre:
Business, Corporate Finance, Business,
Condition:
New
Availability:
Item usually sent within 7 working days
£10.70

Description

Trillions: How a Band of Wall Street Renegades Invented the Index Fund and Changed Finance Forever by Robin Wigglesworth The rise of index funds has revolutionised investing, saving millions of people billions of dollars in fees that would have gone to fund managers. This shift has had a profound impact on the finance industry, rewiring markets and reshaping the investment landscape. But what are the longer-term consequences of this trend, and what does the future hold for the investment world? Through exclusive interviews with key industry giants, Robin Wigglesworth, the Financial Times' New York-based markets editor, uncovers the thrilling and untold history of the revolutionaries behind the invention of index funds. He investigates the socio-economic risks of widespread passive investing and its potential impact on capitalism. By exploring the story of the index fund's creation and its far-reaching effects, Wigglesworth sheds light on one of the most pressing financial uncertainties of our time.

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