La solution indicielle

The percentage of "new money" invested in index funds has doubled in 1999 in the United States. Institutional investors as well as the public are finally aware of the fact that active fund management does not, on the average, generate better performance than index funds what numerous studies have shown. However, index funds are still a marginal phenomenon in France.

AFTALION, F. (2000). La solution indicielle. Le Figaro.