The indexing and exchange traded fund (ETF) industry recently was privy to the observations of an outside observer.
Adam Sussman, a senior analyst for the TABB Group, wrote an exhaustive report titled "Performance Anxiety: A Buy-Side Study on Benchmarks and the Investment Process." You can buy it for $8,000 – or just read summary here for the bargain price of free.
Heather Bell for Index Universe sorted out the report’s 38 pages so you don’t have to and highlighted some of its most illuminating findings:
- Index providers could gain more market share by differentiating their indexes with better services and more information.