Investors pile into Vanguard ETF despite launch of cheaper rival
European investors have piled into a Vanguard ETF tracking the S&P 500, despite the launch of a cheaper rival tracking US large-cap companies.
European investors have piled into a Vanguard ETF tracking the S&P 500, despite the launch of a cheaper rival tracking US large-cap companies.
Vanguard’s £9.6bn Lifestrategy range is exposing investors to interest rate risk, as governments and corporates buying up cheap, long-dated debt skew duration in indices that the passives giant tracks.
Some of the biggest names in UK retail are charging investors nearly double the ongoing charges figure (OCF) of their funds, Mifid II regulations have brought to light.
US equity exchanged traded funds (ETFs) were the preferred product for European investors looking at the ETF market in 2017, accounting for 15% of the market’s assets under management (AUM), according to Thompson Reuters Lipper research.
Vanguard has launched two global UCITS corporate bond funds.
State Street has ramped up the competition among the biggest US ETF providers by slashing prices across 15 ultra-low cost trackers.
Vanguard has launched a new offensive against competitors in the ongoing fund price war with the introduction of its first actively-managed bond fund in the UK.
Vanguard’s Tim Buckley has been named as the successor for Bill McNabb who is due to step down as chief executive in January 2018.
Vanguard’s new direct-to-consumer platform has been hailed as a potential threat to established investment-distribution giants, in research by Platforum.
Vanguard’s launch of a new investment service in the UK market signals a “pivotal moment” in the push for lower charges across the asset management industry.
Chinese policymakers are capable of preventing a credit crisis, according to Qian Wang, senior economist for Asia at Vanguard Investments Hong Kong.
Vanguard has launched four UK-domiciled actively managed funds.