FYI: Vanguard's move to disrupt the UK investment market has gained significant traction with the US fund management giant amassing three-quarters of a billion pounds from British consumers in just 12 months.
The world’s fastest-growing asset manager announced it was jumping into the UK’s online investment market in May last year, a move that sent the share prices of some of its established rivals tumbling by up to 8%.
Regards,
Ted
https://www.fnlondon.com/articles/vanguard-amasses-750m-in-frightening-uk-push-20180618?link=mktw
