While Vanguard is often associated with mom-and-pop investors and 401(k) accounts, its also attracted more assets from financial advisers, accounting for more than $1 trillion of the companys assets last year.
The deposits bring assets at the fund, which Gross started managing this week, to $79.1 million, according to Chicago-based fund researcher Morningstar Inc.
DebugScreen: mobile
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"articles": [
{
"uri": "/2018/07/06/vanguards-not-taking-in-as-much-money-but-neither/",
"title": "Vanguard's not taking in as much money, but neither is anyone else",
"byline": "Charles Stein",
"kicker": "Market Insights",
"prettyDate": "July 06, 2018",
"timeToRead": "1 minute",
"image": {
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],
"summary": "There's a simple reason for the drop-off in overall flows.",
"body": null
},
{
"uri": "/2018/05/07/fidelity-is-said-to-fire-about-200-workers-for-abu/",
"title": "Fidelity is said to fire about 200 workers for abusing benefit",
"byline": "Charles Stein",
"kicker": "News",
"prettyDate": "May 07, 2018",
"timeToRead": "1 minute",
"image": {
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"kickerNode": [
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"uri": "/news/",
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],
"summary": "No customers were affected by the actions, a Fidelity spokesperson said.",
"body": null
},
{
"uri": "/2017/07/31/fidelity-tries-to-out-vanguard-vanguard-with-lates/",
"title": "Fidelity tries to out-Vanguard Vanguard with latest fee cuts",
"byline": " Charles Stein ",
"kicker": "",
"prettyDate": "July 31, 2017",
"timeToRead": "2 minute",
"image": {
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"height": ""
},
"authors": [
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],
"kickerNode": [],
"summary": "Fidelity will cut fees on 14 passive products.",
"body": null
},
{
"uri": "/2017/07/14/vanguard-ceo-mcnabb-to-step-down-at-indexing-giant/",
"title": "Vanguard CEO McNabb to step down at indexing giant",
"byline": "Charles Stein",
"kicker": "",
"prettyDate": "July 14, 2017",
"timeToRead": "5 minute",
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},
"authors": [
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],
"kickerNode": [],
"summary": "While Vanguard is often associated with mom-and-pop investors and 401(k) accounts, its also attracted more assets from financial advisers, accounting for more than $1 trillion of the companys assets last year.",
"body": null
},
{
"uri": "/2017/04/27/etfs-are-weapons-of-mass-destruction-fpa-capital-m/",
"title": "ETFs are `weapons of mass destruction,' FPA Capital managers say",
"byline": " Charles Stein ",
"kicker": "",
"prettyDate": "April 27, 2017",
"timeToRead": "3 minute",
"image": {
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"height": ""
},
"authors": [
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],
"kickerNode": [],
"summary": "The flood of money into passive products is causing concerns among some managers.",
"body": null
},
{
"uri": "/2016/01/29/vanguard-to-offer-its-lowest-fee-ever-0-01-to-big/",
"title": "Vanguard to offer its lowest fee ever, 0.01%, to big investors",
"byline": " Charles Stein ",
"kicker": "",
"prettyDate": "January 29, 2016",
"timeToRead": "2 minute",
"image": {
"uri": "",
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"height": ""
},
"authors": [
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],
"kickerNode": [],
"summary": "Vanguard Group filed to create a new share class for some funds that would charge as little as 1 cent for every $100 invested.",
"body": null
},
{
"uri": "/2014/10/23/t-rowe-price-net-income-rises-12/",
"title": "T. Rowe Price net income rises 12%",
"byline": "Charles Stein",
"kicker": "",
"prettyDate": "October 23, 2014",
"timeToRead": "1 minute",
"image": {
"uri": "",
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"height": ""
},
"authors": [
{
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}
],
"kickerNode": [],
"summary": "Net income increased to $299.8 million, or $1.12 share, from $267.7 million, or $1, a year earlier.",
"body": null
},
{
"uri": "/2014/10/08/grosss-janus-fund-got-66-4-million-in-deposits/",
"title": "Gross’s Janus Fund got $66.4 million in deposits",
"byline": " Charles Stein ",
"kicker": "",
"prettyDate": "October 08, 2014",
"timeToRead": "2 minute",
"image": {
"uri": "",
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"height": ""
},
"authors": [
{
"webUrl": "/author/profile/charles-stein/",
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}
],
"kickerNode": [],
"summary": "The deposits bring assets at the fund, which Gross started managing this week, to $79.1 million, according to Chicago-based fund researcher Morningstar Inc.",
"body": null
}
]
}
}
