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.
Best Firms for Self-Directed Investors: J.D. Power — 2017
More banks are moving into this space; millennials are demanding as clients and can easily jump to robos, the survey finds.
Morningstar’s April Winners and Losers
The research group raises its evaluation of seven funds while dropping ratings on 10 others.
Morgan Stanley Could Cut FA Comp for Vanguard Funds: Report
But a Morningstar executive questions the value of such a strategy for both clients and advisors.
Morningstar’s March Winners and Losers
Funds with Medalist ratings account for about 9% of funds sold in the U.S. and some 60% of assets under management.
Vanguard Does It Again: Trims Fees on 15 Fund Shares
The expense cuts affect the popular Wellington balanced fund and a group of active tax-exempt bond funds, representing investor savings of about $23 million.
Lipper Names Top Fund Managers of 2017
A variety of groups top the overall categories, but two groups dominate in target date allocation.
Vanguard Adds New Active Manager to Explorer Fund
ClearBridge Investments comes on board as Granahan Investment Management and Kalmar Investment Advisers depart.
Betterment Rebuffs Buffett, Says Sage’s Advice ‘Doesn’t Work Anymore’
CEO Jon Stein makes the case that he can top Vanguard index funds, and advisors, in a heated CNBC interview.