Chris Dillow 

A tracker fund bubble?

Chris Dillow

Chris Dillow
A tracker fund bubble?

Has the demand for tracker funds gone too far? Certainly, history warns us that investment fashions can end nastily. Think of small caps booming in the 1980s only to suffer a decade of underperformance in the 1990s, or the tech boom and bust, or the mania for credit derivatives in the 2000s that led to the banking crisis.

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