Vanguard CEO Tim Buckley has warned that investors may have to settle for lower returns in the future as a nine-year bull run in equities looks set to end. The S&P 500 is down more than 10 percent from its peak on March 10, and it closed at an all-time low of 2,165.01 last Friday. Tim Buckley, the new chief executive of Vanguard, said investors would have to accept lower returns in the future than they have enjoyed in the past. A stocks rout in the first week of February wiped 5.2% from the value of the The Dow Jones Industrial Average.
Vanguard CEO Tim Buckley has warned that investors may have to settle for lower returns in the future as a nine-year bull run in equities looks set to end. The S&P 500 is down more than 10 percent from its peak on March 10, and it closed at an all-time low of 2,165.01 last Friday. A stocks rout in the first week of February wiped 5.2% from the value of the The Dow Jones Industrial Average.