The $4.4 Trillion Man: Can Vanguard’s New Boss Keep Raking in Cash?
- Buckley named president, next CEO as competition heats up
- BlackRock and Schwab are among rivals targeting index leader
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Tim Buckley has just been handed the keys to the house that Bogle built.
But Buckley, Vanguard Group’s new president, confronts something that founder Jack Bogle never did back in his prime: a world in which cheap market-tracking index funds are everywhere.