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As far as I know, only one academic is paying attention: Natalya Shnitser at Boston College. Here's her latest: papers.ssrn.com/sol3/papers....
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This Article traces the growth of "collective investment trusts" (CITs) as institutional investors with the power to influence capital markets and cor
papers.ssrn.com
Shadow Shareholders: The Emergence of Collective Investment Trusts as Institutional Owners
Ann M. Lipton