The Vanguard Group Inc. has added a seventh subadviser and 12th portfolio manager to the $11.4 billion Vanguard Explorer Fund (VEXPX).
Stephens Investment Management Group LLC and its chief investment officer, Ryan Crane, were named to the fund last Monday, Vanguard said.
Stephens is expec
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The eurozone is finally starting to show signs of growth more than five years after the financial crisis, and financial advisers are betting that there is more good news to come.
New offering grabs $2.8 billion in first few days; a JPMorgan fund has similar outflow.
If the commonwealth defaults, it will cause a shock to the system.
BlackRock and Goldman Sachs are the big beneficiaries of Pimco's bad bond call.
Both Bill Gross' Pimco and Jeffrey Gundlach's DoubleLine Capital have made pushes into actively managed equities in the last three or so years, and if active managers aren't worried yet, they should be.
