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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

https://financialpost-com.cdn.ampproject.org/v/s/financialpost.com/inve…

Uutinen vuodelta 2017, pandemia vain nopeutti asioita.

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.

Its closer than you think. BlackRock Inc. and Vanguard Group  already the worlds largest money managers are less than a decade from managing a total of $20 trillion, according to Bloomberg News calculations. 

https://www.bloomberg.com/news/features/2017-12-04/blackrock-and-vangua…