John Clifton Bogle
Profile
John C. Bogle is the founder of The Vanguard Group, one of the most important mutual funds in the world.
Currently he is chairman of the Centre for financial markets’ studies Bogle Vanguard, he is a strong defender of low cost index funds, constantly denouncing the high rates’ investment funds that levy the margin of their customers.
He studied management at Princeton University, where he graduated in 1947. Then he continued his studies at Blair Academy where he received a degree in 1951.
In the same year, John Bogle is recruited by Walter Morgan, founder and President of Wellington Management Company. He climbed step by step the ranks to become in 1967 the president, a position he held until 1996.
In 1974, he founded the Vanguard Group. Having studied during all his life the best way to invest, he develops a first index called the Vanguard 500, which philosophy is to minimize the manager’s costs and to expand his stocks’ portfolio.
Vanguard Group currently manages over 100 mutual funds with $ 950 billion in assets. In 1999, Jack Brennan succeeds to John C. Bogle as president of the group.
In 1999, Fortune magazine ranked him among the four “investment giants” of 20th century. In 2004, he won the Lifetime Achievement Award from Institutional Investor, and the Time ranked him among the 100 most influential people in the world.
Latest news about John Clifton Bogle
Former positions of John Clifton Bogle
Companies | Position | End |
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The Vanguard Group, Inc.
The Vanguard Group, Inc. Investment ManagersFinance The Vanguard Group, Inc. (VGI) is an independent registered investment advisor and mutual fund manager headquartered in Malvern, Pennsylvania. The firm was founded in 1975 by John Bogle. In 1976, they introduced the first indexed mutual fund, the First Index Investment Trust (now known as the Vanguard 500 Index Fund), to individual investors. VGI provides investment advisory services to Vanguard family of funds and Vanguard's non-US clients, which are comprised of the following: (1) funds established as trusts under the laws of the Province of Ontario in Canada and (2) separate account clients of Vanguard's international subsidiaries. | Founder | 2019-01-15 |
Instinet Group, Inc.
Instinet Group, Inc. Internet Software/ServicesTechnology Services Instinet Group, Inc. provides electronic trading solutions. It also provides customers with an access to the decision-making tools. The company was founded in 1969 and is headquartered in New York, NY. | Director/Board Member | - |
Experiences
Positions held
Linked companies
Private companies | 2 |
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The Vanguard Group, Inc.
The Vanguard Group, Inc. Investment ManagersFinance The Vanguard Group, Inc. (VGI) is an independent registered investment advisor and mutual fund manager headquartered in Malvern, Pennsylvania. The firm was founded in 1975 by John Bogle. In 1976, they introduced the first indexed mutual fund, the First Index Investment Trust (now known as the Vanguard 500 Index Fund), to individual investors. VGI provides investment advisory services to Vanguard family of funds and Vanguard's non-US clients, which are comprised of the following: (1) funds established as trusts under the laws of the Province of Ontario in Canada and (2) separate account clients of Vanguard's international subsidiaries. | Finance |
Instinet Group, Inc.
Instinet Group, Inc. Internet Software/ServicesTechnology Services Instinet Group, Inc. provides electronic trading solutions. It also provides customers with an access to the decision-making tools. The company was founded in 1969 and is headquartered in New York, NY. | Technology Services |
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