Reported 12 days ago
Vanguard's new CEO, Salim Ramji, announced plans to expand the firm's fixed income offerings by applying the same successful strategies used in their equities market. Speaking at a conference in New York, he highlighted the potential to enhance quality and reduce costs for clients amid a promising fixed income market, especially as higher yields have attracted increased investment. Ramji, who took over as CEO in July, aims to leverage Vanguard's extensive assets under management to capitalize on opportunities in both fixed income and private markets.
Source: YAHOO