Passive Investing, Diversification Risk and Financial Stability
Passive ownership raises return correlations and reduces achievable portfolio diversification by 2.1%, shifting risk from firm-specific to market-wide components.
Featured in No. 139 on 13 Nov 2026 · 1 day after release
- Released
- 12 Nov 2026
- First featured
- No. 139 · 13 Nov 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 3 of 5
- Identifier
- RePEc:bon:boncrc:crctr224_2025_793
- Authors
- I. Gufler
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).