Over the past few weeks, Fidelity Investments has made strategic fee cuts and launched new products to ensure that its products are the cheapest in two categories in which the Vanguard Group Inc . has been eating their lunch for a decade.
Starting Jan. 1, Fidelity will lower to $30, from $40, the standard pricing for a buy or sell transaction on its FundsNetwork platform, a 25% saving. But the custodian is also raising buy fees by 25% to $50 on five fund families, including the popular offerings from the Vanguard Group Inc .
Robert Auwaerter, a 32-year veteran of The Vanguard Group Inc ., on Monday announced plans to retire next March as head of the fixed-income group. He will be replaced by Gregory Davis, 43, who currently serves as chief investment officer of the Asia Pacific region and is a director of Vanguard ...
Here's why higher-income earners, especially, should give this savings vehicle a second look.
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The municipal market's biggest July decline in a decade is leading investors such as Vanguard Group Inc . to bet history is on their side as they buy with yields close to a two-year high.
The Vanguard Group Inc ., a longtime champion of low-cost, passive mutual funds, is weighing a more aggressive push into alternative investments.
Investors withdrew money last month from Vanguard Group Inc .'s emerging-markets exchange-traded fund, the industry's largest, after the firm said it would replace the fund's index.
Research by author Rick Ferri took the active-passive debate beyond individual investments and found passive-oriented portfolios will likely outperform active portfolios across time spans, number of holdings, and asset types.
Expense ratios drop by 0.01% on target-date and other funds, the industry leader says.