Blackrock and Vanguard could own almost everything by 2028
2 years ago
439
With $20 trillion between them, Blackrock and Vanguard could own almost everything by 2028. Two towers of power are dominating the future of investing.
Imagine a world in which two asset managers call the shots, in which their wealth exceeds current U.S. GDP and where almost every hedge fund, government and retiree is a customer.
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