Trillions: How a Band of Wall Street Renegades Invented the Index Fund and Changed Finance Forever

Best books of 2021, Financial Times

'Grab some popcorn and take a front row seat, because Robin Wigglesworth has an astonishing story to tell you' Tim Harford, author of How to Make the World Add Up

'A fascinating account of an investment revolution' Ian Fraser, Literary Review

'A magisterial, delightfully written history offering up portraits of the academic scribblers and entrepreneurial practitioners who created the index-fund revolution' The Wall Street Journal

'Wigglesworth has written an important book ' Patrick Hosking, Financial Editor, The Times

'A terrific read ' Gregory Zuckerman, author of The Man Who Solved the Market

'A fascinating journey and a crucial book for anyone trying to understand the financial markets' Bradley Hope, author of Billion Dollar Whale


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In Trillions , Financial Times journalist Robin Wigglesworth unveils the vivid secret history of index funds, bringing to life the colourful characters behind their birth, growth and evolution into a world-conquering phenomenon. It is the untold story behind one of the most pressing financial uncertainties of our time.

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'An easy-to-understand and fun read, full of lively characters and little-known details of how finance really works today' Gillian Tett, author of Anthro-Vision