Vanguard’s share of U.S. fund assets has begun to slip after five decades of gains, retreating from a record 27%, Bloomberg Intelligence’s Eric Balchunas said. The peak was about double Fidelity’s 1990s high, underscoring how fee pressure has reshaped competition.
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Vanguard’s share of U.S. fund assets has begun to slip after five decades of gains, retreating from a record 27%, Bloomberg Intelligence’s Eric Balchunas said. The peak was about double Fidelity’s 1990s high, underscoring how fee pressure has reshaped competit
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