The company’s sweeping expense ratio cuts for dozens of funds may pressure other asset managers to lower their costs too.
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Vanguard on Monday announced reductions to the management fees of 87 investment funds, reportedly the largest such cuts in company history.
Vanguard has announced “historic" reductions to the expense ratios for about 43% of its U.S.-based mutual fund and ETF share ...
The Vanguard Group on Monday slashed fees across nearly 90 mutual funds and ETFs, which the investment management giant called the largest expense ratio reductions in its almost 50-year history.
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...
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