Vanguard has launched its first active funds for the UK market, partnering up with Baillie Gifford, Wellington Management, Oaktree Capital Management and Pzena Investment Management.
The first offerings are UK-domiciled and include two investing in global equities, one in emerging markets equities and one comprising of a mixture of global equities and fixed income. The funds are managed by a range of external sub-advisers appointed by Vanguard, including Wellington Management, Baillie Gifford, Oaktree and Pzena Investment Management while Vanguard's Quantitative Equity Group (QEG) will also co-manage one of the funds. Vanguard unveils first low-cost active ETFs range for UK John James (pictured), MD for Vanguard in Europe, said: "Vanguard believes it is importa...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
