Vanguard’s New CEO Reaffirms No Crypto ETFs in Future Strategy
Submitted by Anonymous (not verified) on Thu, 08/15/2024 - 06:00
Vanguard’s new CEO, Salim Ramji, reaffirms the company’s cautious stance on crypto exchange-traded funds (ETFs), emphasizing innovation and client-focused strategies while rejecting the launch of a crypto ETF. Ramji, a former Blackrock executive, highlights Vanguard’s strengths in active fixed income management and commitment to low-cost investments, staying consistent with the firm’s core principles. Vanguard CEO […]