Vanguard
People Moves | 20 Oct 16
PEOPLE MOVES: Brooks Macdonald, Principal, Vanguard
Brooks Macdonald’s co-founder is to step down as chief executive after 25 years, with his replacement coming from HSBC. Principal Global Investors has named a new head of funds distribution for Asia, while Vanguard has also shuffled its Asian operations, with a focus on China.
Second Hong Kong ETF provider cuts fees
Vanguard has followed BMO Global Asset Management in cutting costs associated with its Hong Kong-listed ETFs with the aim of attracting more capital.
Vanguard launches active fund range
Vanguard has launched four UK-domiciled actively managed funds.
Vanguard eyes fund, ETF launches in HK
ETFs could get a boost when they are allowed to be traded through the stock connect programmes, according to James Martielli, Vanguard’s head of portfolio review for Asia.
ETF assets breach the $3trn mark
Assets invested in exchange traded funds and products globally have broken through the $3trn mark for the second time, according to data from ETFGI.