Intelligence

Vanguard Is Growing Faster Than Everybody Else Combined

The Vanguard trading floor is the epicenter of one of the great financial revolutions of modern times, yet it is a surprisingly relaxed place.

A few men and women gaze at Bloomberg terminals. There is a muted television or two and a view of verdant suburban Philadelphia. No one is barking orders to buy or sell stock. For a $4.2 trillion mutual fund giant that is still growing rapidly, it occupies a small fraction of the space of a typical Wall Street trading hub.

Source: The New York Times

More: https://www.nytimes.com/2017/04/14/business/mutfund/vanguard-mutual-index-funds-growth.html

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