Index funds
ESG Raters That Also Provide Index Funds May Skew Ratings
Some have argued that environmental, social, and governance (ESG) ratings are generally more reliable than credit ratings due to how the raters are paid for their work. In new research, Suhas Sridharan and coauthors find that significant conflicts of interest can arise for ESG raters when they also provide ESG index funds to investors.
How Much Can We Trust Index Funds on Climate Change?
According to a theory that is gaining support among academics and practitioners, we should expect index fund managers to undertake the role of “climate...
Towards the Giant Three: The Rise and Rise of the Big Three Index Funds
The Big Three index fund managers—BlackRock, Vanguard, and State Street Global Advisors—hold a significant proportion of the stock of US public companies, and they...
