Vanguard

The new fund, expected to begin trading next quarter, will carry an expense ratio of less than half the new actively managed offering.

Pressure is mounting for firms to respond to last week’s violence at the Capitol.

The top 20 to debut last year by total assets include only three products from BlackRock and none from Vanguard or State Street.

Steady inflows showcase the buy-and-hold ethos of the typical Vanguard investor — financial advisors and wealth managers, an expert says.

The fund has absorbed $15.6 billion so far in 2020.

Net flows have slowed in 2020 at the fund giant as rivals continue to roll out similar products amid the rise of robo advisors and almost-free trading.

The scale of the withdrawal indicates that the ETF is both being used by large institutions and a favorite with retail investors, an expert says.

Global equities notched their largest monthly gain since at least 1988, while multiple major benchmarks are at or near all-time highs.

The more out-of-left-field the change, the more profound the lesson learned, our columnist has found in the corporate and individual practice realms.

The fund giants voted for 99% of U.S. directors proposed by the energy, utility, banking and automotive companies reviewed by nonprofit research group Majority Action.