The investment industry reflects on the death of the legendary Vanguard founder

The investment industry reflects on the death of the legendary Vanguard founder
Scope’s top small asset manager Comgest outperforms group’s top large manager Kepler-Fonds, according to Morningstar data
Investors pile into Vanguard ETF despite launch of cheaper rival
Index-traded Ucits fund will invest in 30 blue-chip companies on DAX index and has total ongoing charges of 10 basis points.
Pimco’s fixed income funds attracted more than double the inflows of rivals over the last decade despite significant outflows after Bill Gross’ departure.
Blackrock has undercut Vanguard by slashing fees on an iShares emerging markets product and matching its rival’s pricing on four European equity funds.
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.
European active equity funds saw a turnaround in net flows during 2017, enjoying a rise of €135.8bn in net new money to €62.7bn, after suffering an outflow of €73.1bn in 2016, according to Morningstar data.
Some of the biggest names in the UK retail funds sector are charging investors nearly double the published ongoing charges figure (OCF) for their funds, Mifid II regulations have brought to light.
Part of the Mark Allen Group.