Financial Planning News
Wed, 29 May 2013
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It was tough for active managers to outpace Vanguard's low-cost index funds in 2014, and many of its active funds also outperformed.
May flows data show investors are putting money to work in nontraditional fixed-income holdings, as well as emerging-markets equities, for perceived better returns.
The fund giant saw an executive-management shuffle, ultra-short- bond fund launch, new lower-touch advisory service, and continued inflow domination.
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