Non-collapsible marginal effect measures depend on joint distributions of effect modifiers and prognostic variables, so unadjusted anchored indirect comparisons can be biased even without individual-level treatment effect heterogeneity.
Validity of indirect comparison for estimating efficacy of competing interventions: empirical evidence from published meta-analyses.Bmj 2003; 326(7387): 472
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Transportability of model-based estimands in evidence synthesis
Non-collapsible marginal effect measures depend on joint distributions of effect modifiers and prognostic variables, so unadjusted anchored indirect comparisons can be biased even without individual-level treatment effect heterogeneity.