We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.
Add this topic to your myFT Digest for news straight to your inbox
Investors pulled more than $10bn from index-tracking ETFs in February, while active peers attracted $8.6bn
Rival iShares, however, was bestselling manager in November
Move is the group’s third shake-up of leading roles at the company in three months
The $24.2bn to Vanguard ETFs was nearly four times the iShares total
New 3 basis point fee for Core US Aggregate Bond ETF comes in below Vanguard’s equivalent fund
Move follows AXS Investments’ decision this month to apply to SEC for 18 single-stock products
The proposed change to legislation would help fund Joe Biden’s $3.5tn budget package
Asset manager’s $4.4tn long-term mutual funds range bled $41bn in year to end of August, Morningstar data show
Move comes after similar decision by US Federal Reserve, which has $8.7bn in ETFs
An evening of seamless improvisation from a free-jazz guitarist and a top-notch trio
Shareholders have a history of rebelling against steep executive compensation
Robust growth draws foreign cash, but democratic reforms lag behind
Former employee wants whistleblower protection over allegations of decades-long tax evasion
Index company accused of stealing idea for volatility benchmarks
Four shareholder lawsuits claim company’s US-domiciled mutual funds overcharge investors
Asset management arm expands defined contribution offering via ‘stable value’ funds
Top US managers have yet to tap the vast A-shares market
Low supply of issuance and anti-tax exemption sentiment are problematic
Dodd-Frank namesake rejects push for tougher asset manager oversight
International Edition
