Investors poured $300mn into manager’s exchange traded funds led by VOO, its S&P 500 vehicle that attracted $117bn
$10tn money manager agrees to curbs on influencing decisions of mid-sized and regional lenders
£4 a month charge will make platform more expensive than rivals for those with less than £10,000
The asset manager is carving out its $900bn wealth and advice business into a separate unit
World’s second-biggest asset manager will break advice business into separate unit
Asset manager’s chief economist Joe Davis says investors are overplaying the near-term potential of the technology
Conservatives also target Vanguard and State Street in war on ‘woke capitalism’
Asset manager gives investors greater say on proxy votes as it tries to navigate backlash to ‘woke’ policies
Inflows to VOO look set to smash records as observers predict it will soon overtake SPY to become the biggest
Manager joins list of more than 30 hoping to adopt ETF-mutual fund structure that Vanguard invented
Beware the time-consuming lure of gut-reaction trading from your handset
Proposal by regulators requires passive investment funds to seek approval when holdings hit 10%
The father of passive investing has passed away
Total rose from A$152bn at the end of September 2023 to A$227bn at the same point this year
Fixed-income ETFs see record inflows as investors seek steady returns and hedge against a stock sell-off
Plus, Vanguard pushes into fixed income, egg prices soar, and Wigtown Book Festival
CEO Salim Ramji cites inefficiencies and opportunities in the asset class
Nearly half of participants in pilot programme allowed to vote their shares chose to let the asset manager do it for them
Support on votes has been dwindling among big money managers after reaching record levels just a few years ago
Customers continue to withdraw their money from active funds
Asset manager says US regulators could enforce ownership caps, raising costs for index-tracking funds
Only two climate-related proposals received majority support this year, and no diversity initiative cleared 50%
Plus, Calpers’ green investments, easing financial conditions, and Enzo Mari at the Design Museum
At BlackRock, Salim Ramji led the industry-beating iShares. Now he has big plans for Vanguard
The first outsider to lead the $9tn money manager will take up his role in July
