Vanguard adds adviser to two funds

Baillie Gifford Overseas will be added as an adviser to its $6.9 billion Global Equity Fund and the $980 million Growth Equity Fund.
APR 11, 2008
The Vanguard Group Inc. said today that Baillie Gifford Overseas Ltd. will be added as an adviser to the $6.9 billion Vanguard Global Equity Fund (VHGEX) and the $980 million Vanguard Growth Equity Fund (VGEQX). Baillie Gifford, based in Edinburgh, Scotland, has advised portions of Vanguard’s International Growth Fund (VWIGX) and Variable Insurance Fund (VVIF) since 2003. Fourteen of Vanguard’s 31 actively managed stock funds use multiple managers. Vanguard uses 24 external advisory firms worldwide that manage about $357 billion. Vanguard of Malvern, Pa., manages nearly $1.25 trillion in assets.

Latest News

Advisor moves: LPL nabs Cetera teams in California, Texas
Advisor moves: LPL nabs Cetera teams in California, Texas

Meanwhile in Florida, Raymond James welcomed a multigenerational advisor group from Stifel, while Merrill reeled in Morgan Stanley advisors in the Chicago North and Nashville markets.

UBS sees 2.2% decline in advisor headcount during the past 12 months
UBS sees 2.2% decline in advisor headcount during the past 12 months

But management remains focused on UBS advisors’ ability to reel in new assets.

VanEck partners with Allocate to expand private markets access
VanEck partners with Allocate to expand private markets access

VanEck is leaning on Allocate's operating platform to bring a private markets offering to financial advisors in weeks, not months.

Carson Group welcomes $1.76B Wells Fargo team in New Hampshire expansion
Carson Group welcomes $1.76B Wells Fargo team in New Hampshire expansion

The Omaha-based RIA's second Hanover office deepens its US expansion as industry dealmaking hits a record clip in 2026.

CAIS, Arch raise fresh capital as advisors lean into private markets
CAIS, Arch raise fresh capital as advisors lean into private markets

The two alternative-investment platforms' new financing – coming from Blue Owl, Carlyle, Franklin Templeton and other big-name backers – signals deepening advisor demand for private-market access.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income