The Growing Danger of Index Funds
A professional risk analyst says investors with S&P 500 index funds and ETFs may not realize the added risk they're now taking
October 1, 2021
Rick Bookstaber is co-founder and head of risk at Fabric, a firm focused on risk management for financial advisers. He previously held chief risk officer roles at Morgan Stanley, Salomon Brothers, Bridgewater Associates and the University of California. At the U.S. Department of Treasury during the Obama administration, he helped steer the risk management process and governance for the U.S. financial system post-2008.