Latest news with #Vanguard
Yahoo
3 hours ago
- Business
- Yahoo
Vanguard Dividing Fund Lineups Between Two Teams
The Vanguard Group is dividing its multi-trillion dollar lineup of ETFs and mutual funds—which includes the world's largest ETF, the Vanguard S&P 500 ETF (VOO)—between a pair of investment advisor teams for the first time, as asset managers encounter an investing landscape reshaped by technology and the demand for fresh products. Vanguard, the world's second-largest asset manager with $10 trillion across a range of funds, is creating a pair of teams called Vanguard Capital Management and Vanguard Portfolio Management, according to a statement. Both had previously been under a single entity, The Vanguard Group. As Vanguard turns 50 years old, asset managers are confronting challenges, including surging demand for exchange-traded funds, slowing mutual fund inflows, active fund growth, and surging investor interest in cryptocurrency and technologies like blockchain that may replace physical assets in some cases. Vanguard, the No. 2 ETF issuer behind BlackRock's iShares, has also come under criticism for a failure to improve aspects of its customer service. 'Their mammoth size now requires more focus than a single team could handle,' Daniel Sotiroff, CFA, Morningstar Direct senior manager research analyst, wrote in a note. Vanguard manages both the world's largest ETF, the $681.6 billion VOO, and mutual fund, the $1.8 trillion Vanguard Total Stock Market Index Fund (VTSAX). The sheer size of the Malvern, Pennsylvania-based company's holdings is creating other problems, Sotiroff noted. Vanguard owns big stakes in most publicly traded stocks and, with some of those stakes exceeding regulatory limits, the company may have to cap ownership of some stocks, he wrote. 'They may not track their target index as accurately as they had in the past,' Sotiroff wrote. 'Likewise, it may restrict an active manager's ability to express their best ideas.' Vanguard Top 5 ETFs—Source: FactSet Vanguard Capital Management will include fixed income led by Sara Devereux, and global equity index management led by Rodney Comegys. Vanguard Portfolio Management will include Quantitative Equity Group, and will also lead Strategic Equity Index Management led by John Ameriks. They will report to Vanguard President and Chief Investment Officer Greg Davis. Vanguard, with $3.3 trillion in 92 exchange-traded funds, said the changes take effect next year. Note: Second-to-last paragraph recast to better reflect groups' structures. Permalink | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 hours ago
- Business
- Yahoo
VOO Is a Great Choice for Most, but I Like RSP ETF Better
The Vanguard S&P 500 ETF tracks the performance of the most popular stock market benchmark. It has minimal expenses and has historically been a great way to build wealth over long periods. The S&P 500 has become a little top-heavy, so I prefer an equal-weight approach. 10 stocks we like better than Invesco S&P 500 Equal Weight ETF › The Vanguard S&P 500 ETF (NYSEMKT: VOO), also known by its ticker symbol VOO, is one of the most popular funds in the world. Including Vanguard's mutual fund version of the same index fund, investors have $1.4 trillion in assets invested in it. As the name suggests, this is an index fund that tracks the benchmark S&P 500 (SNPINDEX: ^GSPC) over time. In other words, if the S&P 500 produces a 20% total return for investors over the next two years, this ETF should do the same, net of fees. Speaking of fees, as a Vanguard ETF, the investment expenses of this index fund are extremely low. It has an expense ratio of just 0.03%, which means that for every $1,000 in assets, your annual investment cost will be just $0.30, which will be reflected in the fund's performance over time. The Vanguard S&P 500 ETF is generally thought of as an excellent "core" investment for a stock portfolio. And in full disclosure, I own shares of it in my own retirement portfolio. But if I were to put new money to work today, I may choose to go in a slightly different direction and buy shares of a similar ETF that has one big difference. To be clear, the Vanguard S&P 500 ETF is a great index fund. If you're simply looking for a low-cost way to match the stock market's performance over time, it could be an excellent addition to your portfolio. My biggest issue with investing in the S&P 500 is that it has become rather top-heavy in recent years. With the emergence of trillion-dollar tech companies, the S&P 500 is weighted so that well over one-third of its performance is derived from the 10 largest components. In a nutshell, an S&P 500 index fund has increasingly become a bet on the largest few dozen U.S. companies, and has become less of a broad, diversified way of getting stock market exposure. If I were putting new money to work today, I would take a closer look at the Invesco S&P 500 Equal Weight ETF (NYSEMKT: RSP). It invests in the same 500 companies you'll find in the portfolio of the Vanguard S&P 500 ETF, but with one key difference. Instead of allocating assets based on the size of each component, it invests an equal amount in all 500 companies. Of course, there are day-to-day fluctuations, but there's about 0.2% of the fund's assets invested at any given time. This means that smaller components of the S&P 500 like Dollar General carry the same weight as megacaps like Microsoft. The equal-weight fund does have a somewhat higher 0.20% expense ratio, but this is still on the lower end for a unique ETF. As mentioned, there's absolutely nothing wrong with a traditional S&P 500 index fund. But if you're not too much of a fan of having your investment's performance largely dependent on just a few companies, this equal-weight counterpart could be worth a closer look. Before you buy stock in Invesco S&P 500 Equal Weight ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Invesco S&P 500 Equal Weight ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Matt Frankel has positions in Vanguard S&P 500 ETF. The Motley Fool has positions in and recommends Microsoft and Vanguard S&P 500 ETF. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. VOO Is a Great Choice for Most, but I Like RSP ETF Better was originally published by The Motley Fool
Time of India
6 hours ago
- Business
- Time of India
Vishal Mega Mart block deal: US asset manager Vanguard buys stake worth Rs 655 crore
Vanguard, a major asset manager, invested in Vishal Mega Mart by purchasing over 5 crore shares. The deals, executed through two funds, totaled Rs 655 crore. This followed a sale of equity shares by Vishal Mega Mart promoter Samayat Services. Other buyers included SBI Mutual Fund, HDFC MF, and Kotak Mahindra MF. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads One of the world's largest asset managers Vanguard on Friday executed two large block deals in Vishal Mega Mart Limited, acquiring a total of over 5 crore shares worth Rs 655 crore. The US-based company bought shares in the Indian retailer through a couple of funds viz. Vanguard Total International Stock Index Fund and Vanguard Emerging Markets Stock Index the former case, 2.65 crore shares were bought at a price of Rs 129.74 per share, amounting to a deal size of approximately Rs 344 crore. Simultaneously, 2.39 crore shares were purchased by the latter at the same price of Rs 129.74, translating to a transaction value of about Rs 310.8 of Vishal Mega Mart today ended the day at Rs 129.65, gaining by Rs 3.55 or 2.82% on the Tuesday, Vishal Mega Mart promoter entity Samayat Services LLP sold 90 crore equity shares worth Rs 10,220 crore in the company via block deals. Among the buyers were SBI Mutual Fund, HDFC MF and Kotak Mahindra MF who bought just over 32 crore shares between them at a combined cost of Rs 3,636 to the deal, Samayat Services held 74.55% stake in the company as on March 31, More: Vishal Mega Mart promoter sells equity worth Rs 10,220 crore via block deals, 3 mutual funds among buyers The midcap company, which has a market capitalisation of Rs 60,257.17 was listed on December 18, Mega Mart shares have rallied 22% in 2025, so far outperforming Nifty which has delivered 6% returns this year. Since its listing the returns stand at 15%.Vishal Mega Mart is a diversified retail company in India, primarily operating as a hypermarket chain. Their core business revolves around providing a wide range of products at affordable prices to middle and lower-middle-income groups. They offer products under categories like apparel, general merchandise and Fast-Moving Consumer Goods (FMCG) including groceries, personal care items and household Read: TPG offloads Rs 1,505 cr stake in Sai Life via block deals; Norges Bank, MFs step in The retail chain reported an 88% year-on-year (YoY) rise in net profit to Rs 115.1 crore for the March 2025 quarter, compared with Rs 61.2 crore in the same quarter last from operations rose 23.2% to Rs 2,547.9 crore in Q4 FY25, up from Rs 2,068.9 crore in Q4 FY24. Operating performance also improved, with EBITDA climbing 42.6% to Rs 357 crore from Rs 250.5 crore in the year-ago margin expanded to 14% in the reporting quarter, compared with 12.1% a year earlier. EBITDA refers to earnings before interest, tax, depreciation, and amortisation.
Yahoo
6 hours ago
- Entertainment
- Yahoo
‘Vanguard' & ‘On A Day In September' Win Big At The Monte-Carlo TV Festival's Golden Nymph Awards; ‘Good Cop/Bad Cop' Takes Jury Prize
Swedish drama Vanguard and German TV movie On A Day In September landed multiple accolades at the Monte-Carlo TV Festival's Golden Nymph Awards, while the cast of Good Cop/Bad Cop was given the Special Jury Prize. Vanguard won Best Series. It follows Jan Stenbeck after the Swedish media mogul's transformative years in 1970s New York. Jakob Oftebro won Best Actor for his portrayal of the Stenbeck in the series. More from Deadline Sọpẹ́ Dìrísù Finds Solitude, Narges Rashidi Thrives On Adrenaline: How 'Gangs Of London' Stars Prep For Intense Scenes David W. Zucker & Rola Bauer On Navigating Industry Chaos, Co-Production & Streaming Trends & Writers Getting AI-Generated Notes From Execs Robin Wright Says AI Is Coming For Industry Jobs & Recalls Battle For Equal Pay On 'House Of Cards': "It Was Difficult" German drama On A Day In September won Best Film. It revolves around a 1958 meeting of two charismatic leaders: French Prime Minister Charles de Gaulle and German Chancellor Konrad Adenauer. Hélène Alexandridis won Best Actress for her portrayal of Yvonne de Gaulle, wife of Charles, in the TV movie. Good Cop/Bad Cop star Luke Cook, series creator John Quaintance, and Jeff Wachtel, whose Future Shack produces the show were at the Monte-Carlo TV Festival this week. The cast of the series were awarded the Jury Special Prize. The show is on The CW and Roku and Stan in Australia. The jury for the drama categories was headed by Judith Light. 'At this particular time in our world where we are so divided and facing numerous challenges; where our cultures, where our artistry and creativity is being questioned, and in some cases, erased, there is no better place to come together to remind ourselves, and the world that it is our artistry and our creativity that is most needed,' she said at the ceremony. Viewers also had their say, and awarded Lockerbie drama The Bombing of Pan Am 103 the Public Prize. Robin Wright, meanwhile, was at the ceremony to receive the Festival's highest honor, the Crystal Nymph. She was in revealing mood earlier in the week, opening up on her battle for equal pay with Kevin Spacey on House of Cards and sharing her thoughts on the biz, including the threat AI poses to industry jobs. The Festival's awards also cover news and docs. Witness – Please Enjoy Our Tragedies landed Best News Program and powerful Gisèle Pelicot project Drugged And Abused: No More Shame Best Documentary. Children In The Fire won two awards. Elsewhere, YouTube star Squeezie won the Festival's inaugural Digital Award. The awards and closing ceremony were held in Monte Carlo's Grimaldi Forum in the presence of the Prince and Princess of Monaco, who presented several of the accolades. In his speech, Prince Albert II of Monaco said: 'I am pleased that our prestigious Golden Nymph Awards continue to flourish year on year and I would like to extend my congratulations to all the winners. It was a pleasure to honor a talented actress, Ms Robin Wright with the Crystal Nymph, in recognition of an outstanding and inspiring career.' Check out the full roster of Golden Nymph winners here SCRIPTED BEST FILM: On A Day In September BEST SERIES: Vanguard BEST CREATION: Don't Give Up BEST ACTRESS: Hélène Alexandridis BEST ACTOR: Jakob Oftebro JURY SPECIAL PRIZE: Cast of Good Cop/Bad Cop PUBLIC PRIZE: The Bombing of Pan Am 103 FACTUAL & NEWS BEST NEWS PROGRAM: Witness – Please Enjoy Our Tragedies BEST DOCUMENTARY: Drugged And Abused: No More Shame JURY SPECIAL PRIZE: Children In The Fire PRINCE RAINIER III SPECIAL PRIZE: Rewilding Sharks AMADE PRIZE: Children In The Fire MONACO RED CROSS PRIZE: L'ange de Boutcha Best of Deadline 'The Buccaneers' Season 2 Release Schedule: When Do New Episodes Come Out? 2025 TV Cancellations: Photo Gallery 2025-26 Awards Season Calendar: Dates For Tonys, Emmys, Oscars & More
Economic Times
7 hours ago
- Business
- Economic Times
Vishal Mega Mart block deal: US asset manager Vanguard buys stake worth Rs 655 crore
Vanguard, a major asset manager, invested in Vishal Mega Mart by purchasing over 5 crore shares. The deals, executed through two funds, totaled Rs 655 crore. This followed a sale of equity shares by Vishal Mega Mart promoter Samayat Services. Other buyers included SBI Mutual Fund, HDFC MF, and Kotak Mahindra MF. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads One of the world's largest asset managers Vanguard on Friday executed two large block deals in Vishal Mega Mart Limited, acquiring a total of over 5 crore shares worth Rs 655 crore. The US-based company bought shares in the Indian retailer through a couple of funds viz. Vanguard Total International Stock Index Fund and Vanguard Emerging Markets Stock Index the former case, 2.65 crore shares were bought at a price of Rs 129.74 per share, amounting to a deal size of approximately Rs 344 crore. Simultaneously, 2.39 crore shares were purchased by the latter at the same price of Rs 129.74, translating to a transaction value of about Rs 310.8 of Vishal Mega Mart today ended the day at Rs 129.65, gaining by Rs 3.55 or 2.82% on the Tuesday, Vishal Mega Mart promoter entity Samayat Services LLP sold 90 crore equity shares worth Rs 10,220 crore in the company via block deals. Among the buyers were SBI Mutual Fund, HDFC MF and Kotak Mahindra MF who bought just over 32 crore shares between them at a combined cost of Rs 3,636 to the deal, Samayat Services held 74.55% stake in the company as on March 31, More: Vishal Mega Mart promoter sells equity worth Rs 10,220 crore via block deals, 3 mutual funds among buyers The midcap company, which has a market capitalisation of Rs 60,257.17 was listed on December 18, Mega Mart shares have rallied 22% in 2025, so far outperforming Nifty which has delivered 6% returns this year. Since its listing the returns stand at 15%.Vishal Mega Mart is a diversified retail company in India, primarily operating as a hypermarket chain. Their core business revolves around providing a wide range of products at affordable prices to middle and lower-middle-income groups. They offer products under categories like apparel, general merchandise and Fast-Moving Consumer Goods (FMCG) including groceries, personal care items and household Read: TPG offloads Rs 1,505 cr stake in Sai Life via block deals; Norges Bank, MFs step in The retail chain reported an 88% year-on-year (YoY) rise in net profit to Rs 115.1 crore for the March 2025 quarter, compared with Rs 61.2 crore in the same quarter last from operations rose 23.2% to Rs 2,547.9 crore in Q4 FY25, up from Rs 2,068.9 crore in Q4 FY24. Operating performance also improved, with EBITDA climbing 42.6% to Rs 357 crore from Rs 250.5 crore in the year-ago margin expanded to 14% in the reporting quarter, compared with 12.1% a year earlier. EBITDA refers to earnings before interest, tax, depreciation, and amortisation.
