PIMCO Outflows Hit $26.5 Billion for 2014 as Vanguard Shines
Investors pulled some $4.3 billion from the PIMCO Total Return Fund in May alone as taxable bond funds attracted $9.6 billion, Morningstar reports.
ICI: Too-Big-to-Fail Label Would Hurt Mutual Fund Investors
BlackRock, Fidelity and other U.S. mutual fund companies are pushing back against claims that some firms may be too big to fail.
The Legacy of John Bogle, the Man in the Arena
Few advisors realize that Vanguard founder Jack Bogle is a lot more than just the “index” guy.
Your Move, Bogleheads: Advisor Finds DFA’s Returns Trump Vanguard’s
Advisor Jeff Troutner of Equius Partners says a broader look at the numbers is less favorable to Vanguard than unsuspecting advisors might think—but Vanguard answers back to AdvisorOne.
Vanguard Shares Latest Fund Changes
Vanguard is tweaking the asset mix of 20 funds, including several target-date retirement funds, “to further diversify these broad, balanced portfolios” and to incorporate the new Vanguard Total International Bond Index Fund, now in registration with the SEC.
Top Portfolio Products: Schwab Debuts Zero-Commission ETF Platform
In other portfolio news, LPL's Fortigent and Central Park Group join forces to offer more access to hedge funds, private equity, real estate and funds of funds.
Vanguard Tinkers With 20 Funds, Including TDFs
Vanguard said Wednesday it was tweaking the asset mix of 20 funds, including several TDFs, “to further diversify these broad, balanced portfolios” and to incorporate the new Total International Bond Index Fund.
Vanguard Switching Indexes
To cut costs for investors, Vanguard plans to transition 22 funds, many of which have an ETF share class, to new indexes starting in 2013, the fund giant said in early October.
Vanguard to Switch Indexes on 22 Funds
The new benchmarks, to take effect in 2013, will impact more than $530 billion in client assets.
Top Portfolio Products: Expanded IPO Indexes; New Australian Equity Trust; Filing for Van Eck-HOLDRs Deal
Vanguard changes 10 funds; First Trust fund looks for IPO; Grandeur Peak to launch two funds; and Castle Investment Management cuts expense ratio.