Active investment fund managers have been arguing that indexing is causing securities to move in tandem. We've seen that the story isn't true for small-cap stocks, and today we turn our spotlight on the commodities markets. By examining the year-to-date returns of individual commodities, we'll demonstrate that the same findings we saw in the stock market hold true across markets and asset classes.
To test whether indexing has affected commodities, we'll look at the changes in prices for some of the commodities within the S&P GSCI Index...............................................Full Article: Source
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