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
There certainly has been considerable change over the past 10+ years in the investment company industry and its regulation. From 2010 to 2020, the net assets ...
The extended delay in naming a director for the Securities and Exchange Commission's Division of Investment Management is causing frustration and anxiety among mutual fund industry ...
It's been nearly two years since the world essentially shut down in the face of the COVID-19 pandemic, and things are still a long way from ...
John Hancock Funds Chairman Hassell McClellan is a Boston guy these days, so when he thinks about succession planning in the boardroom he leads, he points ...