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He looks at a measure called the "active share" of a fund.
An active share of zero means the fund holds exactly the same stocks as the benchmark in exactly the same proportions (a perfect tracker).
An active share of 100 means the fund holds none of the same stocks as the index (i.e. it's "all killer, no filler").
"The active share of the population has to finance the old population," said Asa Johansson, a senior economist in the organization and the principal author of the report, explaining why the rising proportion of older people is expected to reduce growth.
He noted that the "active share" of their funds is in the "high 90s," so the index is not a "relevant measurement" of what the firm is actually doing, which is "generating good, long-term returns".
Similar(55)
Breakthrough innovation, entrepreneurship, investment and policy-making all involve collaboration and the active sharing of best practice across sectors.
This article shifts the lens of analysis to the scarcely researched and rather different phenomenon of the active sharing of health data within the framework of Citizen Science projects.
We find several likely COPPA violations in our preliminary corpus, including omission of prior consent and active sharing of persistent identifiers with third-party services for tracking and profiling of children.
Schools within a university maintain their own research budgets, therefore are not incentivized to promote active sharing of research information.
Creation and growth of similar types of funds – Hawaii and Louisiana are learning from their experiences of intermediaries and nonprofits engaged in the Social Innovation Fund, as well as active sharing of insights and experiences.
EEs require active sharing of knowledge, skills and practices among the individual representatives of the firms and BUs involved, leading to a shared meaning about what is said and done to improve the joint practice (Filieri and Alguezaui 2012; O'Neill and Sackett 1994).
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com