Are regulators doing enough to tackle closet indexation?
Despite heightened awareness of index huggers, this cosy practice is still a big problem, finds PP.
As research finds up to a fifth of active equity funds could be index huggers, regulators are being urged do more to stamp out this cosy practice, writes Stephanie Baxter.
At a glance Practice where active funds largely mimic a benchmark has long been an issue Regulators undertaking investigations urged to name and shame culprits The spotlight on fees has...
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