Bogle’s Legacy: Growing Demand and Supply of Index Funds

With the passing of Vanguard founder Jack Bogle on Wednesday, many farewells and memories are being shared in the financial community from those who knew him or met him in their professional lives. CFRA certainly shares in the heartfelt sentiment for this founding father of index investing. Moreover, we think it is imperative to understand the asset management world today—one that has been so influenced by Bogle’s vision, even as so much has changed in the 42 years since Bogle and Vanguard introduced the first index mutual fund Vanguard 500 Index Fund (VFINX) for individual investors.