It’s looking like Vanguard’s [profile] decision to switch indices may not be having the affect the shop’s executives were hoping for, at least in the short term.

According to an article by Financial Times reporter Chris Flood, inflows for the Vanguard MSCI Emerging Markets ETF were $1 million in October, compared to monthly averages of $1.3 billion between January and September. Flood notes that this is not an industry trend, as Vanguard’s rivals continued to see big numbers.

Flood goes behind the numbers and talks to several pension managers and industry insiders who are upset by the switch. For anyone in the ETF game, this is definetl a worthwhile read.

See the original article here. 

Edited by: Ben Geier


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE