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TTU118: TRILLIONS...The Passive Revolution ft. Robin Wigglesworth

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Sinopsis

“The mutual fund is coming up to a 100 years old, if you count the first US mutual fund, but in the past 50 years it’s been all about the index fund. So the reason why I started covering it so much at the FT is because I felt it was under-covered in comparison to some of the more titanic hedge fund managers.”Passive & quantitative investing has grown exponentially over the years and is now responsible for trillions of dollars of investors’ capital.  How has this affected the world of active money-management, and what does the rise of passive investing mean for the investment world overall? Well, it turns out that renown Financial Times Global Finance correspondent, Robin Wigglesworth, has a great new book out about passive investing called ‘Trillions’, and I couldn’t resist the temptation to invite him on to the show to talk about the book, and other subjects related to investing and trading. Enjoy this conversation as we cover how the financial crisis of 2008 affected investors' relat