Vanguard Announces Treasury-Only Policy for Several Government Bond Funds, ETFs
The fund giant says the change will provide investors more flexibility in managing risks and returns plus narrower bid-ask spreads for these ETFs.
Vanguard Puts Rival Firms on Notice: Fee Wars Will Only Heat Up
Fund giant will continue pushing fees down as it grows: “We’re going to do it across every product,” incoming CEO says.
Invesco in Talks to Buy Guggenheim ETFs: Reports
The deal could push Invesco PowerShares, now the fourth-largest ETF player, over the $160 billion asset mark.
Fidelity Trims Index Fund Fees, Challenging Vanguard
The firm cuts total expenses by nearly 10 basis points in move to capture more passive-investor assets.
Vanguard Proposes Fund-Advisor Changes
The proposals were sent to the SEC on the same day the firm announced that CIO Tim Buckley would become CEO in January.
Vanguard CEO McNabb to Step Down
Chief Investment Officer Tim Buckley, who joined the firm in '91 as an assistant to then Chairman John C. Bogle, will become CEO on Jan. 1.
LPL Names 20 Fund Families on New Fiduciary-Friendly Platform
Some familiar names make the list of no-load mutual funds that will be offered, with several notable exceptions.
Fitch: Robo-Advice a Net Positive for Wealth Managers
Automated advice “should allow for better client interactions and better client segmentation,” Fitch analysts say.
Vanguard Strategy Exec to Retire
Glenn Reed will step down, with Chris McIsaac taking over his responsibilities, the fund giant says.
Fund Expenses Drop 7% in 2016; Vanguard Leads the Pack: Morningstar
The largest fund family had an asset-weighted average expense ratio of 0.11% last year, the research firm says.