Vanguard Group, founded by John Bogle in the mid-1970s, is credited with launching the ETF platform and has grown to become the second-largest U.S. asset manager after BlackRock. The firm's shift from a retail-focused mutual fund provider to a dominant passive-investing platform highlights its scale and competitive position in asset management.
Vanguard Group, founded by John Bogle in the mid-1970s, is credited with launching the ETF platform and has grown to become the second-largest U.S. asset manager after BlackRock. The firm's shift from a retail-focused mutual fund provider to a dominant passive-investing platform highlights its scale and competitive position in asset management.
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