The asset manager says the move at 87 funds will save investors $350 million this year.
The fee cuts are the largest annual expense ratio reduction in the firm’s 50-year history – and the first major announcement ...
Vanguard Group Inc. slashed its average asset-weighted expense ratio to just 0.07% across its $10 trillion under management a ...
CEO Salim Ramji’s decision to implement the biggest fee cuts in Malvern-based Vanguard Group’s history is a win for both ...
Salim Ramji said then that Vanguard planned a fresh push into active fixed income to take advantage of “extraordinary” inefficiencies and high prices in the area. After the cuts, Vanguard’s ...
Vanguard Is Delivering Its Biggest Fee Cut Ever. New CEO Salim Ramji Explains Why. The asset manager says the move at 87 funds will save investors $350 million this year. Inflation will slow this ...
Chief Executive Officer Salim Ramji, who took over the mantle in July, laid out plans last year to expand the firm's fixed-income offering, given the market's size and opportunities. "Lower costs ...
“At Vanguard, we’re focused on creating value for our investors, not extracting value from them,” said Salim Ramji, Vanguard CEO, in a statement. “Lower costs enable investors to keep more ...
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