\nActivele gestionate de indicii de fonduri (n.r: index fund \u2013 un fond mutual sau un fond tranzac\u0163ionat care replic\u0103 performan\u0163a unui indice), au trecut de pragul de 10.000 miliarde dolari la nivel global, pe fondul cre\u015fterii pie\u0163elor \u015fi a exodului investitorilor dinspre fondurile mai scumpe care nu reu\u015fesc de multe ori s\u0103 dep\u0103\u015feasc\u0103 performan\u0163a indicilor de referin\u0163\u0103, potrivit FT.<\/p>\n
\nCa instrument, indicii de fonduri reprezint\u0103 o investi\u0163ie mai ieftin\u0103, \u00eenc\u00e2t ace\u015ftia \u00eencearc\u0103 s\u0103 replice un anumit indice. Instrumentul a fost inventat \u00een urm\u0103 cu aproape 50 de ani, dar nu a devenit popular la \u00eenceput pentru c\u0103 managerii de fonduri erau sceptici cu privire la un instument care livreaz\u0103 randament la media pie\u0163ei.<\/p>\n
\nEi considerau c\u0103 investitorii nu ar fi mul\u0163umi\u0163i de un asemenea randament, p\u00e2n\u0103 acum.<\/p>\n
\nCu toate acestea, vehiculele de investi\u0163ii care replic\u0103 indici \u2013 fie c\u0103 o fac \u00eentr-un mod mai tradi\u0163ional printr-un fond mutual, fie c\u0103 o fac printr-un fond tranzac\u0163ionat \u2013 au prins av\u00e2nt.<\/p>\n
\nDup\u0103 criza financiar\u0103 din 2008 popularitatea acestor indici a explodat, de la ac\u0163iuni bursiere \u015fi p\u00e2n\u0103 la obliga\u0163iuni sau m\u0103rfuri, acest instrument de investi\u0163ii a schimbat radical peisajul industriei de investi\u0163ii.<\/p>\n
\n\u00cen urm\u0103 cu un deceniu, pia\u0163a indicilor de fonduri cuprindea active de 2.300 miliarde dolari, potrivit datelor firmei Morningstar, agregate de asocia\u0163ia Investment Company Institute.<\/p>\n
\nRevenirea \u00eenregistrat\u0103 de pie\u0163e \u00een 2019 \u015fi mutarea investitorilor c\u0103tre forme pasive de investi\u0163ii au ridicat pia\u0163a la nivelul unei industrii de 11.400 miliarde dolari la nivel global \u00een luna noiembrie.<\/p>\n
\n\u201eEste un nivel foarte ridicat. Acesta a fost deceniul ascensiunii indicilor de fonduri\u201d, noteaz\u0103 Ben Johnson, cercet\u0103tor-\u015fef pe segmentul de fonduri tranzac\u0163ionate \u00een cadrul Morningstar.<\/p>\n
\nChiar \u015fi aceste cifre ar putea subestima realitatea investitorilor \u00een fa\u0163a indicilor de fonduri. Multe fonduri de pensii \u015fi fonduri suverane \u00ee\u015fi preg\u0103tesc strategii interne pentru a replica performan\u0163ele pie\u0163elor f\u0103r\u0103 a comisiona un manager de active. Datele sunt disparate pe acest segment, \u00eens\u0103 BlackRock estima \u00een 2017 c\u0103 aceast\u0103 activitate de investi\u0163ii se ridica atunci la 6.800 miliarde dolari.<\/p>\n
\nIndicii de fonduri au c\u0103p\u0103tat trac\u0163iune \u00een special pe ac\u0163iunile bursiere, mai ales \u00een SUA, unde mul\u0163i manageri de investi\u0163ii au avut dificult\u0103\u0163i \u00een a alege co\u015ful de investi\u0163ii prin care s\u0103 dep\u0103\u015feasc\u0103 indicii de referin\u0163\u0103.<\/p>\n
\nDoar 28% dintre manageri de fonduri de tip equity din SUA care investesc \u00een companii mari au reu\u015fit s\u0103 dep\u0103\u015feasc\u0103 performan\u0163a bursei americane \u00een 2019, iar \u00een ultimul deceniu doar 11% dintre manageri au atins aceast\u0103 performan\u0163\u0103, potrivit datelor Bank of America.<\/p>\n
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Activele gestionate de indicii de fonduri (n.r: index fund \u2013 un fond mutual sau un fond tranzac\u0163ionat care replic\u0103 performan\u0163a unui indice), au trecut de pragul de 10.000 miliarde dolari la nivel global, pe fondul cre\u015fterii pie\u0163elor \u015fi a exodului investitorilor dinspre fondurile mai scumpe care nu reu\u015fesc de multe ori s\u0103 dep\u0103\u015feasc\u0103 performan\u0163a indicilor […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[9323,7148,7724,7633,161,60],"class_list":["post-178945","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-active","tag-fonduri","tag-indici","tag-investitori","tag-miliarde","tag-piata"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/178945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=178945"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/178945\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=178945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=178945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=178945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}