The asset manager says the move at 87 funds will save investors $350 million this year.

Vanguard Group Inc. slashed its average asset-weighted expense ratio to just 0.07% across its $10 trillion under management a ...

CEO Salim Ramji’s decision to implement the biggest fee cuts in Malvern-based Vanguard Group’s history is a win for both ...

Salim Ramji is betting the path to Vanguard Group customers’ hearts is still through their wallets. In the first major initiative in Ramji’s six-month run as chief executive, Vanguard on ...

The fee cuts are the largest annual expense ratio reduction in the firm’s 50-year history – and the first major announcement from newly appointed CEO Salim Ramji.

Most funds advertise their fees as something called an expense ratio. It shows what percentage of a fund's total dollars go ...

Salim Ramji is betting the path to Vanguard Group customers’ hearts is still through their wallets. In the first major initiative in Ramji’s six-month run as chief executive, Vanguard on ...

Vanguard’s new fee cuts are a win for retail investors — helping to boost long-term returns. Here's what a low expense ratio ...

(Reuters) - Asset manager BlackRock's senior executive Mark Wiedman, who was touted to be a potential successor to CEO Larry Fink, is departing the firm, said two sources familiar with the matter.

The departure is friendly and on good terms, the source said. Wiedman's departure, reported by the Financial Times earlier on Tuesday, comes a year after another executive, Salim Ramji, left BlackRock ...

Beside him sat Salim Ramji, Vanguard’s CEO, whose 8.54% stake added to the unspoken tension. Abigail Johnson, Fidelity’s enigmatic CEO, completed the triumvirate of shareholders, her 6.24% ...