質問: Specifically, ever-larger fund managers are increasingly trapped in a paradox between the need to play an active corporate governance role commensurate with their size and the potential abyss of antitrust action. In this respect, managers, such as BlackRock and Vanguard, are at risk of following in the footsteps of JP Morgan’s Money Trust. This conflict may not come to a head given the paradoxical dependence of passive funds on a surrounding ecosystem of market fluidity and speculation (although Morgan, notably, had a similar ecological dependence; see De Long 1992). 以上の英文の後半の,This conflict may not 以降の邦訳をお願い致します。 原典は,ISSN: 0013-0095 (Print) 1944-8287 (Online) Journal homepage: Earth Incorporated: Centralization and Variegation in the Global Company Network Daniel Haberly & Dariusz Wójcik To cite this article: Daniel Haberly & Dariusz Wójcik (2017) Earth Incorporated: Centralization and Variegation in the Global Company Network, Economic Geography, 93:3, 241-266, DOI: 10.1080/00130095.2016.1267561 To link to this article: です。 以上どうぞ宜しくお願い申し上げます。
回答: #1です。補足です。 >> 「市場の流動性と投機〔の活用〕という〔アクティブ〕業界固有の収益構造上の環境へのパッシブ・ファンドの矛盾した依存を前提に置くなら,この衝突は起こらないかも知れない。」 僕のよりずっといい訳だと思います。