GMO: Passive Investing’s Impact Has Been Overblown, But It’s Not Negligible
In its widely read quarterly letter, the asset manager addresses the questions that keep coming.
Michael Thrasher
July 8, 2024
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, May 10, 2013. U.S. stocks rose, with the Standard & Poors 500 Index poised for a third straight week of gains, as investors weighed the pace of central bank stimulus amid a meeting of finance ministers. Photographer: Jin Lee/Bloomberg
Credit: Bigstock Photo
