Jan 17, 2026
Vanguard completes internal split into two giant teams -- VCM and VPM -- a move intended to 'streamline' but also to assuage concerns about lack of diverse perspectives in the proxy voting ecosystem, it says
The Malvern, Pa., team split is about by a 75/25 ratio in terms of assets under management as the giant wagers it can reap the benefits of immensity and self-imposed competitive intensity.