91: Perspectives from the World's Largest Asset Manager - With Salim Ramji, Global Head of iShares & Index Investments at BlackRock
‘Over the past decade, about 80 cents of every dollar that has gone into the US investment industry has ended up at Vanguard, State Street, and BlackRock. As a result, the combined stake in S&P 500 companies held by the Big Three has quadrupled, from about 5 percent in 1998 to north of 20 percent today.' These are the opening lines to the book, Trillions, by Robin Wigglesworth, Editor of FT Alp...
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Apr 06, 2023