, Columnist
U.S. Zigs Passive, so Vanguard Zags Active Overseas
The fund giant's foreign adventure will test the merit of active management and stock pickers' ability.
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The Vanguard Group is getting active.
As my Bloomberg News colleagues Rachel Evans and Dani Burger reported last week, Vanguard wants to expand its footprint in Europe and Asia-Pacific. Roughly 94 percent of the company’s assets under management are now in the U.S.
