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Bear market sparks investor demand for passive fund innovation

Pension plans want to increase allocation to passives, but are demanding asset managers become more innovative

Pension plans are now mandated to be agents of change and ensure that ESG is not just a pipe dream
Pension plans are now mandated to be agents of change and ensure that ESG is not just a pipe dream Photo: Getty Images

Amin Rajan is CEO of CREATE-Research 

Introduced in 1886, the Dow Jones Industrial Average was simply a market proxy, not an investment idea.

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