There’s more than meets the eye when it comes to the free funds unveiled by Fidelity Investments this week, according to Vanguard Group Chief Investment Officer Greg Davis.
Vanguard Group is attracting a lot less money from investors this year compared with 2017. Turns out, the mutual fund giant’s not alone.
Truly passive index and exchange-traded funds are winning over many financial advisers.
Vanguard Group plans to start its first set of exchange-traded funds that invest using environmental, social and governance criteria.
Indexing pioneer Vanguard Group may be stock pickers’ last hope.
“You pay for the right to be on a platform and…for the most part that’s a good thing,” former Vanguard CEO and Chairman Jack Brennan says at regulatory conference.
In a game of chicken, big brokerage firms are prohibiting sale of products from the world’s fastest-growing fund company because it will not pay for shelf space.
Using data from McKinsey-owned pricing consultant, fund giant contrasts competitors’ average 1.02% fee with its .30% advisory account pricing and sees the savings rising.