BlackRock and Vanguard’s $20 Trillion Future Is Closer Than You Think
Pedestrians walk outside the headquarters of BlackRock Inc. in New York. (Photographer: Daniel Acker/Bloomberg)

BlackRock and Vanguard’s $20 Trillion Future Is Closer Than You Think

(Bloomberg) -- 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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