Index-tracking accounts for around one-third of the total US mutual fund market and is still growing rapidly. Indexing appears to be unstoppable. But The End of Indexing presents a different vision. In a forthright and compelling examination of the investment landscape, the author argues that the economic environment we are entering will be unsuited to index-tracking strategies. As a new investment approach is called for, The End of Indexing provides investors with a guide to the challenging environment ahead and a warning about the future decline of index-tracking.
The End of Indexing identifies six structural mega-trends that are set to disrupt investors around the globe: