Vanguard
Vanguard launches fresh attack in price war
Vanguard has launched a new offensive against competitors in the ongoing fund price war with the introduction of its first actively-managed bond fund in the UK.
The challenge to advisers posed by low cost platform rivals
When Vanguard UK announced a 50% reduction in its UK closed-platform fee structure for online clients recently, it certainly caused a stir, says Paul Gambles, managing director of Thailand-based MBMG Group.
PEOPLE MOVES: Vanguard, Aberdeen, AJ Bell
Vanguard has identified its new chief executive, while Aberdeen Asset Management has appointed a head of Luxembourg and named two heavy-hitting independent non-executive directors to the board of Aberdeen Life. AJ Bell has a new technical director.
PEOPLE MOVES: Vanguard, Emirates NBD, VAM Funds
Vanguard has created a new head of European distribution (ex-UK) role, while Middle East bank Emirates NBD has lost its chief investment officer for the second time. VAM Funds has hired an ex-Zurich heavy hitter to make a Middle East push.
Best Practice | 28 Jun 17
UK finance industry conflicted over asset management review
Plans by the UK’s Financial Conduct Authority to crackdown on excessive asset management fund charges and improve competitiveness in the sector has been met with a flurry of contradictory responses from different parts of the financial services industry.