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Vanguard Builds a Fleet of Active Funds to Dominate Overseas | Tony Seruga
Jul
27

Vanguard Builds a Fleet of Active Funds to Dominate Overseas

By
  • New leaders chase global growth as CEO McNabb steps down
  • Funds will undercut rivals on price without passive strategy

Walking through Vanguard Group’s headquarters in Malvern, Pennsylvania is a lesson in naval history.

Paintings of the 18th-century ship that inspired the company’s name jostle with seascapes and a framed letter from legendary British Admiral Horatio Nelson. Even the campus itself conjures tales of derring-do, with buildings swooping along a shallow curve, as if tracing a galleon from stern to bow…

Vanguard Builds a Fleet of Active Funds to Dominate Overseas

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