The fee cuts are the largest annual expense ratio reduction in the firm’s 50-year history – and the first major announcement from newly appointed CEO Salim Ramji. Vanguard signage outside the ...

“At Vanguard, we’re focused on creating value for our investors, not extracting value from them,” said Salim Ramji, Vanguard CEO, in a statement. “Lower costs enable investors to keep more of their ...

The asset manager says the move at 87 funds will save investors $350 million this year.

“At Vanguard, we’re focused on creating value for our investors, not extracting value from them,” said Salim Ramji, Vanguard CEO, in a statement. “Lower costs enable investors to keep more ...

The cuts signal that Vanguard CEO Salim Ramji, who was appointed last year and was the first outsider in the top job since the company's 1975 founding, is "continuing the tradition of lowering ...

The move to lower fees come less than one year after Vanguard announced that Salim Ramji, the former head of BlackRock Inc. iShares, would take over as the firm’s CEO, succeeding Tim Buckley, who ...

In the first major initiative in Chief Exeuctive Salim Ramji's six-month tenure, Vanguard Group slashed the fees on nearly half of its U.S. funds. By reducing the expense ratios by an average of ...

Shares of banks and other financial institutions ticked down as investors awaited developments in international trade negotiations. Intuit secured a $4.5 billion short-term revolving credit ...

In a statement announcing the latest expense ratio reductions, Vanguard CEO Salim Ramji says: “We’re proud to build on Vanguard’s legacy of lowering the costs of investing — which we have ...

Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and ...

Salim Ramji is betting the path to Vanguard Group customers’ hearts is still through their wallets. In the first major initiative in Ramji’s six-month run as chief executive, Vanguard on ...

"Jack Bogle founded Vanguard in 1975 with a simple purpose — to design an investor-owned company that would serve a single constituency, our clients," Vanguard CEO Salim Ramji, the veteran ex ...