3 ms·
The market isn't free because Vanguard and BlackRock are a duopoly on this. Vanguard isn't the issue though - they do literally nothing besides harvest tiny tin
by local_issues 3y ago
The market isn't free because Vanguard and BlackRock are a duopoly on this. Vanguard isn't the issue though - they do literally nothing besides harvest tiny tiny fees at scale.
BlackRock is a different story - look into their actions around SFH. They're not great.
- fakedang 3y agoFidelity is also another player, as is State Street. And like you stated, Fidelity is still akin to Vanguard while State Street is akin to Blackrock.