TITLE

Vanguard vaults past Fidelity in total DC assets

AUTHOR(S)
STEYER, ROBERT
PUB. DATE
June 2014
SOURCE
Pensions & Investments;6/9/2014, Vol. 42 Issue 12, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses Vanguard Group Inc.'s growth surpassing Fidelity Investments to become the largest manager of U.S. defined contribution assets. Topics discussed include a surge in its defined contribution assets to 28% in 2013 as compared to a 16.9% gain for Fidelity, Vanguard's establishment of its brand as the vanguard of low-cost indexing and how Vanguard has benefited from DC plan executives's rising interest in open architecture and the unbundling of defined contribution plans.
ACCESSION #
96415561

 

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