Vanguard vaults past Fidelity in total DC assets

June 2014
Pensions & Investments;6/9/2014, Vol. 42 Issue 12, p1
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.


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