Blackrock and Vanguard could own almost everything by 2028

3 years ago
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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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