Are the Big Three Asset Managers Beneficial Stewards or Corporate Overlords?
Reynolds Holding
AUGUST 5, 2024
The Big Three hold just over 20 percent of total market capitalization in the U.S. Interestingly, they hold at least 5 percent in 16 foreign markets, including Germany, France, Japan, and Brazil, and over 10 percent in three foreign markets: Ireland (19 percent), the UK (16.4 trillion and $4.3 trillion, respectively.
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