Vanguard has launched its first actively-managed fixed income fund for the UK retail market, focusing on global credit.
The Vanguard Global Credit Bond fund will invest in high-quality bonds from corporate issuers, government agencies and supranational organisations. Vanguard launches D2C platform for UK clients Vanguard said it costs less than all active retail funds in the global credit bond category, priced with an OCF of 0.35% for investor share classes and 0.30% for institutional. It will be managed by the firm's fixed income group, which has more than $1.2trn in assets under management. Vanguard inflows beat all other global providers combined in 2016 Last May, the firm launched its fir...
To continue reading this article...
Join Investment Week for free
- 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