The challenge for the deepening of South Africa’s democracy is that the very existence of vanguardism prevents the realisation of empowered citizens.
Now that passive funds have eclipsed their actively managed competitors, climate finance is increasingly in some new pairs of hands.
The index fund revolutionized investing for millions. Its founder died on Jan. 16.
When Vanguard 1 – the "grapefruit satellite" – was launched in 1958, its only companions were Explorer 1 and Sputnik 2. Soon it may have thousands of descendants swarming around it.
Documents released ahead of the policy conference of South Africa's embattled governing ANC show it hasn't the guts or internal balance of forces, for self-correction and renewal.
Together, three asset managers now control shares in 40% of all publicly listed firms in the United States.
Splits over Trident can create stalemate between the UK's forces, but the public needs to debate renewing the deterrent before time runs out.