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Edward "Ned" Johnson, 86, is retiring and will become chairman emeritus.
By Charles SteinNovember 21 -
Money from brokers and RIAs accounted for about 50% of Vanguard’s $225 billion in inflows this year.
By Charles SteinOctober 20 -
The firm's move comes after BlackRock intensified the price war in the industry by reducing expenses on 15 of its funds.
By Charles SteinOctober 7 -
The firm pulled in $148 billion in new client money during the first six months of 2016, surpassing its previous first-half record of $140 billion set last year, a spokesman said.
By Taylor HallJuly 5 -
The reductions will save current investors about $20 million annually and bring the average expense ratio for the funds to 10.2 basis points.
By Taylor HallJune 30 -
Global markets from stocks to oil are suffering their worst start to a year since at least 2009 when the financial crisis ended. For a small group of money managers, that's great news.
February 17 - PH
The biggest U.S. mutual fund provider drew a record $236 billion in net deposits in 2015.
January 6 -
Turmoil in financial markets prompted investors to pull $27.3 billion from U.S. mutual funds last week, the biggest withdrawal in more than two years.
September 4 -
Bank of New York Mellon, which has been plagued for the past week with computer problems that prevented it from providing prices for mutual funds and exchange-traded funds, said Monday it has provided net asset values for both through Friday.
August 31 -
TIAA-CREF, the manager of retirement accounts for teachers, agreed to by Nuveen Investments from Madison Dearborn Partners for $6.25 billion, including outstanding debt.
April 14