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index buying, page-12

  1. 512 Posts.
    I'm not sure wazza. I think main Fidelity and Vanguard index funds are around $9B combined.

    I recall reading that index funds in Aus were less than 10% of managed funds under management and asset managers hold around 60% of shares. That would make about $85B. However, I think that may be a high guess.

    There was huge buying of VOC and PBT at the close, which I find surprising.

    However, if you invert what I said, i.e. index funds don't own all shares in index in corresponding equal weight, then perhaps some of the index funds managers decided to be overweight in those 2 companies.

    All this is of course a WAG.

 
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