FYI: The name Vanguard is almost synonymous with index investing. But many overlook the fact that it quietly controls more than $1 trillion in actively managed assets. According to Tom Rampulla, head of Vanguard’s advisory business, they do so at their peril, because active investing today is more interesting and applicable than it has been in many years.
Regards,
Ted
http://www.etf.com/sections/features-and-news/vanguards-rampulla-new-active-mgmt?nopaging=1