Sauter: Cost Certainty Key With New Benchmarks
Vanguard's CIO says the fund shop is looking forward to the substantial long-term cost savings and price stability once it transitions to the FTSE and CRSP indexes, beginning next year.
Paul Justice
Paul Justice, CFA, is director of fund research methodology for Morningstar. In this role, he serves as the primary liaison between Morningstar’s fund research team and the firm’s institutional software platforms. Prior to assuming his current role, he was director of passive funds research for North America, where he managed 10 North American research analysts covering exchange-traded funds and passive open-end mutual funds.
Justice has more than a decade of financial research experience. He is quoted regularly in the media and has appeared in most major U.S. business publications. He also frequently speaks at conferences across the globe and has made several television appearances.
Prior to joining the passive funds research team in 2008, Justice was a senior equity analyst and team leader, covering the energy sector. Prior to joining Morningstar in 2004, he performed credit analysis at Merrill Lynch.
Justice holds a bachelor’s degree in economics from the University of Illinois and a master’s degree in finance from DePaul University. He also holds the Chartered Financial Analyst® designation.
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