Though slow, changes are afoot when it comes to management-fee share.
In other local banking and finance news, Chase files to open more branches in the Philadelphia region and Wells Fargo plans ...
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CEO Salim Ramji’s decision to implement the biggest fee cuts in Malvern-based Vanguard Group’s history is a win for both ...
"Lower costs enable investors to keep more of their returns, and those savings compound over time,” said Salim Ramji, ...
Vanguard Group Inc. slashed its average asset-weighted expense ratio to just 0.07% across its $10 trillion under management a sliver of the industry average of 0.44%. CEO Salim Ramji talks about the ...
Vanguard’s new fee cuts are a win for retail investors — helping to boost long-term returns. Here's what a low expense ratio means.
Vanguard chief executive officer Salim Ramji is no stranger to the race to the bottom. Ramji, who joined Vanguard in July from rival BlackRock, said that the firm’s historical fee reductions – which ...
“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 ...