> When it becomes a bigger problem, other indices with higher quality controls will out compete the current ones and be used by asset managers seeking safety
Doubt it.
The world does not allow perfect competition.
> world does not allow perfect competition
What does this have to do with anything?
Plenty of asset managers construct indices to save fees.
> world does not allow perfect competition
What does this have to do with anything?
Plenty of asset managers construct indices to save fees.