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institution1975-present

Vanguard

Summary

Vanguard Group is the world's largest provider of mutual funds and the second-largest provider of exchange-traded funds, founded by John Bogle in 1975 on the principle of low-cost index investing.

Core Contribution

Democratized investing through low-cost index funds; along with BlackRock and State Street, forms one of the 'Big Three' institutional investors with enormous corporate governance influence.

Key Spikes & Highlights

  • index funds
  • passive investing
  • stakeholder capitalism
  • corporate governance

Historical Influences

John Bogle efficient market hypothesis

Intellectual Lineage

John Bogle index fund movement

Contemporaries & Peers

BlackRock State Street Fidelity

Minds Influenced

Passive investing revolutioncorporate governance via proxy voting

Intellectual Posterity

No conceptual posterity found.

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Vanguard

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