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Vanguard makes history with first $1 trillion equity fund

Vanguard makes history with first $1 trillion equity fund Vanguard Total Stock Market Index Fund includes both a mutual fund and an ETF December 16, 2020 A Vanguard Group equity fund has become the first of its kind to eclipse $1 trillion of assets, a testament to the rise of index-based investing over the past three decades. Vanguard Total Stock Market Index Fund, which includes both a mutual fund and an exchange-traded fund, had $1.04 trillion of assets as of Nov. 30, company data show. “Given that Vanguard birthed index investing, it seems only fitting that one of their flagship funds would be the first to reach this historic mark,” said Nate Geraci, president of the ETF Store, an investment advisory firm.

Financial Daily Dose 12 16 2020 | Top Story: EU and UK Regulators Announce Sweeping New Laws Aimed at Big Tech Gatekeepers | Robins Kaplan LLP

To embed, copy and paste the code into your website or blog: EU and British authorities unveiled new proposals this week to “crimp the power of ‘gatekeeper’ platforms like Amazon, Apple, Facebook, Google and Microsoft, which policymakers argue deserve more oversight given their outsize influence.” In particular, the new measures would force these companies to do more to “prevent the spread of hate speech and the sale of counterfeit merchandise, and disclose more information about how services like targeted advertising work” - NYTimes and WSJ and MarketWatch An update on suddenly hot Covid relief negotiations - NYTimes and Bloomberg Massachusetts securities regulators are preparing to file a complaint against trading platform Robinhood Financial, “alleging the company aggressively marketed to inexperienced investors and failed to implement controls to protect them” all in violation of state laws and regs - WSJ

Активы индексного фонда впервые в истории превысили $1 трлн

Активы индексного фонда впервые в истории превысили $1 трлн
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