Vanguard Group

Unlike other asset management firms like BlackRock and Fidelity, it operates as a nonprofit and returns all profits to customers. From the start, there were no outside investors or shareholders; instead, the funds invested by customers own Vanguard, creating a structure based on the philosophy of 고객 = 주인. In other words, it is a structure where customers entrust money, and the company and its shareholders generate profits with that money.

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Topics: Asset Management Company,John Bogle
Category: Wiki/Economy
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