In the Margins
Vanguard Group CEO Bill McNabb said the cost of investing will keep falling as more money shifts to passive investments, and competition across the industry drives prices lower. Investors pay an average of 12 cents per $100 for Vanguard’s mutual funds and exchange-traded funds, he said, predicting it could fall below 10 cents in five years. Read the original story from Bloomberg.
Most Read
Cybersecurity continues to be an area of focus for the Securities and Exchange Commission staff and an important area of oversight for directors of investment companies. ...
Thrivent Financial is entering the interval fund business and has assembled a new board to oversee its first offering, the soon-to-be-launched Thrivent Church Loan & Income Fund. ...
Independent mutual fund directors saw markedly smaller increases in pay in 2017, when compared to the year prior, according to the results of the Independent Directors ...
The parties in a 2014 lawsuit accusing PIMCO of overcharging Total Return Fund shareholders while lavishly compensating CIO Bill Gross and CEO Mohamed El-Erian agreed this week ...