The Vanguard Group has filed an initial registration statement with the Securities and Exchange Commission to launch the Vanguard China Select Stock Fund early next year. According to the filing, the fund will invest in both onshore and offshore Chinese ...

Recognizing the growing popularity of model portfolios among financial advisers, Capital Group and Vanguard Group have partnered to offer 10 active-passive strategies for Morgan Stanley’s platform. The models, which are two-thirds allocated to Capital Group’s actively managed American Funds strategies ...

Vanguard Group Inc. is merging its institutional target-date funds into its Target Retirement Funds family, which it expects will result in lowering the funds’ expense ratios to 0.08%. The average expense ratio of TRF funds currently is 0.12%, according to ...

Vanguard Group Inc., one of the world’s largest money managers, says it cares “deeply” about the long-term impact of climate change. It joined an investor group that’s announced a net zero-emissions target and oversees pension funds for technology companies, where employees have a ...

In a move to make transferring 401(k) plan assets easier when an employee changes jobs, Vanguard is introducing an automated portability service for sponsor clients and their plan participants. The service is expected to launch in mid-2022, the company said ...

James Katz traces his financial advisory niche all the way back to middle school when he started reading Isaac Asimov’s Foundation series that explored varying levels of the hard sciences and the laws of mass action to solve problems. “I ...

Basketball legend Michael Jordan is one of a group of investors betting that fintech can improve estate planning by participating in an $11.6 million funding round for startup Vanilla. While fintech firms have been working to disrupt the wealth management ...

Vanguard Group Inc. is upping efforts to enhance its active equity options via its hybrid, digital-and-human advice business, Personal Advisor Services, with the introduction of three high-conviction mutual funds set to debut in the fourth quarter. Vanguard plans to pair ...

This month’s edition kicks off with the big news that Vanguard has apparently decided that direct indexing is the future, making its first-ever external acquisition of direct indexing platform JustInvest after an initial pilot program with RIAs quickly brought in ...

If you’re a financial adviser who is not yet familiar with the concept of direct indexing, you are dangerously close to falling behind the curve. Seemingly from out of nowhere, and riding on a wave of zero-cost trading platforms, the ...