MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, July 13, 2009 Schwab Execs Say They are Snatching Business from Fidelity and Vanguard The fund fee cuts and lowered minimums that Schwab unveiled in May are paying off, Schwab executives told Barron's. "We've seen a nice little pop," Randy Merk, president of Schwab's investment management services, told the pub. "We've seen exactly what we're hoping to see. We've seen transfers from Vanguard and Fidelity based on price and minimum investment." Printed from: MFWire.com/story.asp?s=22044 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |