Vanguard CEO warns against multi-asset funds

Feb 4, 2013

Bill McNabb, global CEO of $2.2 trillion Vanguard, says tactical elements in multi-asset products “make me nervous”.

Vanguard CEO warns against multi-asset funds

As asset management companies around the world come to grips with the post-global financial crisis environment, one of the growing risks to the business is the emphasis on macro-type products, argues Bill McNabb, global CEO of Vanguard.

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