Articles tagged "Salim Ramji"
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In a massive overhaul, Vanguard will split its $10.4 trillion in funds between two 'distinct' management teams with separate trading desks potentially trading against each other, analyst says
The index fund leader will separate 'hot button' corporate governance by team, and hopes to reap deeper focus, greater flexibility, and more opportunities for growth.
June 25, 2025 at 1:10 AM
Vanguard and Blackstone disclose joint 'initiative' to bring alts to mass investors after private 'talks' leak months ahead of planned news release
The 'culture clash' collaboration of the kings of two different markets could be a good high-net-worth retail strategy for each -- but they have serious stuff to work out.
April 16, 2025 at 2:02 AM
Vanguard's new CEO breaks record by zapping $350 million fund-expense, but 'raises the tension' managing brokerage, analyst says
Salim Ramji went big with micro-cuts on 87 fund fees but the average cut is just one basis point, the process is opaque, brokerage fees are rising and service and technology issues remain the real pain point, says Jeff De Maso.
February 5, 2025 at 3:49 AM
Salim Ramji will match, then 'exceed,' Vanguard rivals' technology with Amazon help -- a move Fidelity has already made -- and he's an outright 'Boglehead,' he says in new interview
The new Vanguard CEO acknowledges the company 'could have started earlier' than three years ago, and his domain architect, Joseph Wagner, Jr., says starting fresh is helping purge 'weird errors.'
September 6, 2024 at 1:46 AM
Vanguard Group updates SEC disclosures to warn its sheer 'ownership' is a growing and serious investment risk because of what regulators are intimating
The Malvern, Pa., giant follows BlackRock warning that tracking indexes could lose precision or that the fixes -- derivatives or funds -- have their own downside... added expense.
July 25, 2024 at 1:37 AM
Salim Ramji takes Vanguard CEO helm with good vibes but the company's 50 million 'owners' may expect more privileges -- like better service, basic transparency and to know what, if any, rights they have
The ex-BlackRock exec began life yesterday at the mega RIA and asset manager knowing his mission is financial and ecumenical in nature, but with the calls for a turnaround centering more on the latter.
July 9, 2024 at 9:51 PM
Salim Ramji, who BlackRock may have shunned for Larry Fink's job in January, is named Vanguard CEO -- now he has to reassure investors he believes in the Vanguard way, even as an ex-Wall Street wolf
The Malvern, Pa., firm is hiring an executive with impeccable credentials and proven ambition as lawyer, McKinsey partner and power executive on Wall Street
