Asset Management

Time to step out of the closet, urges EU funds campaigner

Outspoken critic of the European funds industry, Guillaume Prache tells FN that index-hugging culprits have to be named and shamed if investors are to be protected

Time to step out of the closet, urges EU funds campaigner
Photo: Lionel Derimais

Guillaume Prache admits he has made a lot of enemies.

It is unsurprising, given the former European head of low-cost fund manager Vanguard has been a vociferous campaigner for greater transparency and lower fees in the industry for over 20 years.

WSJ Logo