Asset Management

Changing of the Vanguard in Europe

The man who helped bring Vanguard’s low-cost fund model to Europe is to head back to the US

Changing of the Vanguard in Europe

The man who helped bring Vanguard’s low-cost fund model to Europe, sparking a fee war among the region’s largest exchange-traded fund providers, is to return to the US.

The $3 trillion passive manager said today it will replace the head of its European business, Tom Rampulla, who is heading back to the US to lead its business serving financial advisers.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached