The relevance of index funds for pension investment in equities / Ajay Shah, Kshama Fernandes Shah, Ajay

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Shah, Ajay
Retirement income.; Pension trusts - Investments.
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.
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