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Author Shah, Ajay.

Title The relevance of index funds for pension investment in equities [electronic resource] / Ajay Shah and Kshama Fernandes.

Published Washington, D.C. : World Bank, Policy Research Dissemination Center, 2000.


Location Call No. Status
Series Policy research working paper ; 2494
Policy Research Working Papers ; 2494
World Bank e-Library.
Notes "November 2000"--Cover.
Title from title screen as viewed on Oct. 02, 2002.
Bibliography Includes bibliographical references (p. 27-29).
Summary The case for index funds is predicated on the observed inability of active managers to outperform market indexes over long periods. Agency conflicts between investors and fund managers are another important motivation, as index funds benefit from simple, unambiguous accountability.
Other formats Also available in print.
Other author Fernandes, Kshama.
World Bank. Development Research Group. Finance.
Subject Pension trusts -- Investments.
Retirement income.