Vanguard Singapore: A casualty of high-fee fund selling

Jul 26, 2018

A lack of scale in Singapore and the problems of trying to sell funds with no distribution costs or adviser commissions are seen as key reasons for Vanguard closing the office.

Vanguard Singapore: A casualty of high-fee fund selling

Global passive funds giant Vanguard Investments' closure of its Singapore operation, announced on Wednesday, is seen by industry observers as a reflection of its struggle to attract retail investors.

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