Establishing a public option for asset management in the United States

Asset manager capitalism: An introduction to its political economy and economic geography

“…Are there limits to the growth of index-based investing? Could the introduction of a public (i.e., state-owned) option for asset management counter the power of private asset managers (Palladino, 2023)? Another is whether alternative asset managers will increasingly compete with exchanges, trading unlisted corporate assets among themselves.…”