We are delighted to contribute to this symposium. Adriana Roberton’s article, Passive in Name Only, sheds important light on an overlooked but important part of the investment ecosystem, index providers. Our article, Corporate Governance by Index Exclusion, recently published in the Boston University Law Review, expands on the core message of Robertson’s article, that indexes […]

The recent popularity of index investing and corresponding influx of assets into passively managed mutual funds has generated a large literature in law and in finance about the implications for securities markets, antitrust, corporate governance, and beyond. But few have explored the index landscape itself. Professor Robertson’s article is an important exception, and her findings—in […]