Low fees made the group a passive investing powerhouse. But it needs to improve tech and service as it pushes into wealth ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Not long after Salim Ramji moved into the C-suite offices at Vanguard’s main Malvern campus last summer ...
The fee cuts are the largest annual expense ratio reduction in the firm’s 50-year history – and the first major announcement from newly appointed CEO Salim Ramji. Vanguard signage outside the ...
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 ...
Salim Ramji is betting the path to Vanguard Group customers’ hearts is still through their wallets. In the first major ...
Vanguard on Monday announced reductions to the management fees of 87 investment funds, reportedly the largest such cuts in company history.
The cuts signal that Vanguard CEO Salim Ramji, who was appointed last year and was the first outsider in the top job since the company's 1975 founding, is "continuing the tradition of lowering ...
In the first major initiative in Chief Exeuctive Salim Ramji's six-month tenure, Vanguard Group slashed the fees on nearly half of its U.S. funds. By reducing the expense ratios by an average of ...