CHAPTER 24

The Future of Indexing

Personal indexes, AI, new assets — and what will not change

Opening question

“Index funds won the last fifty years. Will they win the next twenty — and will the index I buy in 2040 look anything like the S&P 500 or the VN30 of today?”

In this chapter

Six forces reshaping indexing
Direct indexing and personalised indexes
Self-indexing, custom indexes and index-as-a-service
AI and alternative data in index design
Active ETFs, model portfolios and the blurred line with active management
Tokenisation, digital assets and 24-hour markets
The passive-ownership debate: concentration, prices and voting power
Emerging markets and Vietnam's market upgrade
Three scenarios for 2035 and the principles that will not change

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This chapter is in the full book

Chapter 1 is free to read online. The full text of chapter 24 — with its tables, figures, worked examples and practice lab — is available in the complete edition of Index Investing: From Theory to Practice (Volume 1, NXW Investment Library).

Read Chapter 1 free Get the full book — [email protected]

Sections of this chapter

24.1 Where indexing stands

24.2 Direct indexing: an index of one

24.3 Self-indexing, custom indexes and index-as-a-service

24.4 AI and new data in index design

24.5 Active ETFs and the blurred line

24.6 Tokenisation, digital assets and 24-hour markets

24.7 Passive ownership: the debate

24.8 Indexing beyond listed stocks

24.9 Emerging markets and Vietnam

24.10 Three scenarios for 2035

24.11 What will not change

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