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Trillions : how a band of Wall Street renegades invented the index fund and changed finance for ever / Robin Wigglesworth.

Item Information
Shelf Location Collection Volume Ref. Branch Status Due Date
332.6327 WIGG
Adult Non Fiction   Double Bay . On Loan . 28 Feb 2024
332.6327 WIGG
Adult Non Fiction   Paddington . On Loan . 27 May 2024
. Catalogue Record 869000 ItemInfo Beginning of record . Catalogue Record 869000 ItemInfo Top of page .
Catalogue Information
Field name Details
Record Number 869000
ISBN 9780241422069 (paperback)
Author Wigglesworth, Robin author.
Title Trillions : how a band of Wall Street renegades invented the index fund and changed finance for ever / Robin Wigglesworth.
Publisher/Date [London] : Penguin Business, 2021.
©2021
Pagination etc. xiii, 336 pages, 8 unnumbered pages of plate : illustrations, portraits ; 24 cm.
Bibliography, etc. note Includes bibliographical references and index.
Summary Note The explosive growth of index funds has revolutionised markets around the globe but how far can they go? Index funds are perhaps the most widely influential investment vehicles available. They have revolutionised investing, saving millions of people untold billions of dollars in fees that would otherwise have gone to fund managers. It is no exaggeration to say that the rise of passive investing is probably one of the most consequential financial inventions of the past half-century. It is rewiring markets and reshaping the finance industry. Yet some detractors say that index investing is an insidious disease and with their rapid expansion, and grip on the financial market, index funds may have cataclysmic consequences that we aren't even aware of yet. What might the socio-economic risks of wide-spread passive investing be? What are the longer-term consequences to capitalism? And what does the future look like for the investment landscape? Through exclusive interviews with key industry giants, Robin Wigglesworth, the Financial Times' New York-based markets editor, reveals the thrilling and untold history of the revolutionists behind the invention of index funds and investigates one of the most pressing financial uncertainties of our time.
Subject Index mutual funds -- History
Securities industry -- United States -- History
Investments -- History
Finance
Wall Street (New York, N.Y.) -- History
Shelf Location 332.6327 WIGG
Catalogue Information 869000 Beginning of record . Catalogue Information 869000 Top of page .