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The Specter of the Giant Three

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NBER2019-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w25914
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This paper examines the large, steady, and continuing growth of the Big Three index fund managersBlackRock, Vanguard, and State Street Global Advisors. We show that there is a real prospect that index funds will continue to grow, and that voting in most significant public companies will come to be
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2019-06-01
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