A SIGN OF THE TIMES
March 2008, Wealth Manager
Who’s the newest player in the alternative
investing business? Vanguard, of course.
By James Picerno
Mention the name Vanguard and
while several images come to mind in the
world of money management and fund
companies, alternative investing probably
isn’t among them. Low-cost indexing?
Sure. Several well-regarded actively
managed mutual funds? Yep, those too.
And a growing list of ETFs targeting conventional
betas? Absolutely.