The earth is flat… or so it was believed, until sometime after 500 B.C.
Until then, explorers dared not venture too far, for fear of reaching the physical limits of the planet and… falling off. It’s easy to imagine how constrained the world must have seemed to those who held this view. Equity indexing, too, has had its own “flat earth” period, when the global opportunity set seemed to be limited to the largest stocks from a select number of large countries.
Read the complete white paper at the link beneath Related Files