FINANCE · FINANCE|financing and investment|investment
- innéacsú faoi choim Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- closet indexing
- en
- Definition (in fund management) the practice of claiming to manage a client’s portfolio actively, typically for higher fees, when in reality the portfolio only tracks shares in a market index Reference "EP-EN, based on:- European Securities and Markets Authority, ‘ESMA updates on supervisory work on closet indexing’, 2 February 2016, https://www.esma.europa.eu/press-news/esma-news/esma-updates-supervisory-work-closet-indexing [18.5.2018]- Reuters.com, ‘EU watchdog turns up heat on “closet indexing” investment funds’, 16 November 2017, https://www.reuters.com/article/eu-funds-regulator/eu-watchdog-turns-up-heat-on-closet-indexing-investment-funds-idUSL8N1NM2SU [18.5.2018]"