The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Is Vanguard Interested in Hedge Funds? Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, July 09, 2013

Is Vanguard Interested in Hedge Funds?

News summary by MFWire's editors

Vanguard [profile] is going in a slightly different direction by flirting with hedge-fund like investment vehicles, alarming "Bogleheads" who worry that Vanguard is becoming a high cost fund operation,Financial Times' Pauline Skypala reported.

Vanguard set up an Alternative Strategies Fund in Dublin and filed for "exemptive relief" to allow US Managed Payout Funds to invest in the fund.

Vanguard, which Skypala said has been careful about discussing the fund, says the fund was created solely for the US Managed Payout Funds and it does not have plans to sell the fund to investors in other markets.

Some worshippers of St. Jack think it's a good idea for Vanguard to head into diversified low cost options for investors at a time when they are in demand but high-priced. Skypala writes that this approach may benefit both Vanguard's low-cost philosophy and investors:
It is a sign of the times that Vanguard is going in this direction. Diversification is still seen as the way to better risk/return outcomes, even if it didnít do so well in the credit crisis. The mutual is a long way from turning itself into a hedge fund outfit Ė but perhaps it can beat the hedge funds at their own game. If it can provide absolute returns at low cost, that is good for investors.
To read more, clickhere

Edited by: Casey Quinlan

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

 Do You Recommend This Story?

Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use