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Price behind world's biggest benchmark switch: Vanguard

Leigh Powell
The indexing firm admits price, not performance, is the key factor in dropping MSCI as its benchmark provider on 22 US-domiciled index funds.
Price behind world's biggest benchmark switch: Vanguard

US-based indexing specialist Vanguard Investments has confirmed that its decision to drop MSCI for  FTSE as benchmark provider for six international equity index funds was chiefly price-driven.

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