The asset manager says the move at 87 funds will save investors $350 million this year.

Vanguard Group has cut fees on 87 of its 428 investment funds. The Malvern, Pennsylvania-based investment giant says the reductions will save some of the company’s more than 50 million stock and bond ...

Low fees made the group a passive investing powerhouse. But it needs to improve tech and service as it pushes into wealth ...

The fee cuts are the largest annual expense ratio reduction in the firm’s 50-year history – and the first major announcement ...

Asset manager Vanguard said on Monday it was lowering the cost of investing across its fund lineup in its largest cut ever and estimated that this would translate into savings of more than $350 ...

“Lower costs enable investors to keep more of their returns, and those savings compound over time,” said Salim Ramji, Vanguard’s chief executive officer. Most funds advertise their fees as something ...

Vanguard on Monday announced reductions to the management fees of 87 investment funds, reportedly the largest such cuts in ...

Although most of the reductions amounted to a fraction of a percentage point per fund and a few dollars per investor, they signaled that under former BlackRock executive Salim Ramji, Vanguard was ...

Speaking in a Wall Street Journal interview Monday, Chief Executive Officer Salim Ramji listed technological innovation, along with Monday's historic fund fee cuts, as two recipients of the proceeds ...

Salim Ramji is betting the path to Vanguard Group customers’ hearts is still through their wallets. In the first major initiative in Ramji’s six-month run as chief executive, Vanguard on ...