Asset manager Vanguard is stepping up its promotion of active investment products in the US market. The UK-based firm began a price war when it brought its passive funds to the US nine years ago, and will now become more vocal about promoting its active lineup. It has five active funds on its growing US platform, and says it wants to lower the cost of the active sector in the country. Vanguard charges up to 80 bps in management fees on its US-domiciled active products, compared with a US average of around 100 bps for comparable funds.
Asset manager Vanguard is stepping up its promotion of active investment products in the UK market. The US-based firm began a price war when it brought its passive funds to the UK nine years ago, and will now become more vocal about promoting its active lineup. It has five active funds on its growing UK platform, and says it wants to lower the cost of the active sector in the country. Vanguard charges up to 80 bps in management fees on its UK-domiciled active products, compared with a UK average of around 100 bps for comparable funds.