The Market Impact Of Passive Trading – ValueWalk Premium
Passive Trading

The Market Impact Of Passive Trading

The Market Impact Of Passive Trading by Michael Aked, Max Moroz, Research Affiliates

Executive Summary

The market impact, or implementation cost, of passive trading is composed of both explicit and implicit costs. The explicit cost is often referred to as implementation tracking error, defined as the observed difference between a fund’s performance and the index against which it is benchmarked. The implicit cost is the unobserved reduction in performance of the benchmark index as a result of . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0