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Hanno Lustig reports that FTSE Russell is fast-tracking SpaceX for index inclusion, which is expected to generate increased passive fund flows.
According to Lustig, the expedited process, first reported by Bloomberg, is considered a significant development for investors in both passive and pseudo-passive funds.
Lustig has recently analyzed macroeconomic developments in other regions. He highlighted Russia’s rapid per-capita GDP growth to 55.2% of U.S. levels. In a separate report, he discussed concerns about Eurozone central bank independence and the limits of narrow mandates.