Tag:
John Bogle
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Latest Headlines
Vanguard fires a subadvisor, stokes criticism
You would think that a fund firm would generate applause for firing an underperforming advisor. But when Vanguard fired AllianceBernstein as co-subadviser of its U.S. Growth Fund, it sparked cries of "what took so long." No less than John Bogle took up the cause, telling Investment News , "I h
Vanguard triumphs, while Fidelity struggles
Is anyone surprised that Bloomberg has reported that Vanguard is now the biggest mutual fund company by assets managed? The firm has finally surpassed Fidelity Investments, which has held the title since 1988.
You can spin this several ways. Many will call this the triumph of the passive a
Bernard Madoff touts index funds
Bernard Madoff ( Bernard Madoff news) has been busy in jail. From granting an interview to an attorney, to getting in a shoving match that left him on top, to getting the stuffing beat out of him by some guy who thought he was owed money, to hanging out with other celebrity criminals. But appar
The end of high-frequency trading?
The idea of a tax on securities trades was put forward by Gordon Brown at the G20 summit late last year in Pittsburgh (regulatory reform news ). Since then, it has percolated along until just
Crisis exposing have vs. have not rift?
A New York Times column makes an interesting point about the ongoing credit crunch: Main Street folks are continuing to struggle with little overt regulatory help, while the Wall Street folks are quickly dubbed "too big to fail" and "bailed out." John Bogle is quoted: "The banks are too big to
