Vanguard Wants to Shake Up Investing Again. Its New CEO Has Big Plans.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 04 2024
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Source: Barron's
Vanguard's New Direction: Salim Ramji, Vanguard's new CEO, aims to innovate in active management, particularly in fixed income, while maintaining the company's low-cost investment philosophy. The firm plans to launch new bond ETFs and has already seen success with its actively managed funds.
Focus on Financial Advisors: Vanguard is targeting financial advisors, especially independent registered investment advisory firms, as a key growth area. The company is enhancing its offerings and technology to meet the increasing demand for both active and passive investment strategies.
Analyst Views on VCRB
Wall Street analysts forecast VCRB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VCRB is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 78.020
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Current: 78.020
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
