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Harriman House Publishing The End of Indexing Six structural mega-trends that threaten passive investing by Niels Jensen
Index-Tracking Is The Flavour Of The Day - It Accounts For Around One-Third Of The Total Us Mutual Fund Market, And Is Still Growing Rapidly. Indexing Appears To Be Unstoppable.But, In The End Of Indexing, Investment Veteran Niels Jensen Presents A Different Vision. In A Forthright And Compelling Examination Of The Investment Landscape, Jensen Argues That The Economic Environment We Are Entering Will Be Unsuited To Index-Tracking Strategies.Jensen Identifies Six Structural Mega-Trends That Are Set To Disrupt Investors Around The Globe:1. End Of The Debt Super-Cycle2. Retirement Of The Baby Boomers3. Declining Spending Power Of The Middle Classes4. Rise Of The East5. Death Of Fossil Fuels6. Mean Reversion Of Wealth-To-Gdpin Conjunction, These Six Themes Have The Potential To Create Conditions Resembling A Perfect Storm That Will Result In Low Economic Growth For Decades To Come. Investment Techniques And Methodologies - Including Passive Investing Strategies - That Have Worked So Well In The Bull Market Of The Last 35 Years Will No Longer Deliver Acceptable Results.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.