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Vanguard

This Month

These are the best performing ETFs in 2024

But the market drivers for exchange-traded funds are forecast to be quite different in 2025.

  • Alexandra Cain

November

Warren Buffett is one of the richest people in the world, and perhaps the most prolific investor ever.

Buffett’s $499b cash hoard is an early warning signal

The Berkshire Hathaway chief executive does not claim to be an expert at market predictions, but he knows when stocks are overpriced.

  • Nir Kaissar

September

Vanguard’s misleading investments included oil exploration projects by Chevron.

Record $12.9m greenwashing penalty puts fund managers on notice: ASIC

Federal Court fined Vanguard $12.9 million for failing to exclude certain investments against ESG criteria and instead relying on third parties.

  • Hannah Wootton
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ASX nears record; Trump shooting crisis; Bunnings CEO hits back

Read everything that’s happened in the news so far today.

Vanguard’s John Galloway, whose team has more input into company votes than just about any investor globally, including in Australia.

Big AGM voter Vanguard ready to wield its proxies to challenge boards

One of the biggest voices at the upcoming AGM season outlines its thinking: don’t expect ideological stances, but do expect a strict focus on skills and pay.

  • Anthony Macdonald
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Vanguard Australia boss Daniel Shrimski pushed through 40 redundancies this week.

Big round of redundancies at Vanguard Australia

Vanguard’s local outpost has pushed through a sizeable round of redundancies in a rare move for the business.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

July

Eric Gao, founder and CEO of Boman Group is targeting $100m for a new fund.

Rich Chinese investors join $1b hunt for Aussie VC funds

A fund manager for rich Chinese investors is trying to raise $100m for venture capital investments, joining a crowd of operators trying to raise over $1 billion.

  • Yolanda Redrup and Paul Smith

June

Betashares co-founder and CEO Alex Vynokur is planning big growth.

Story of change in rise of Betashares, decline of Perpetual and AMP

The shift from active to passive management is changing the face of Australia’s financial sector. Unaffordable housing could shift things again.

  • James Thomson
Elon Musk

Musk says shareholders approving his $75b pay package

It’s D-Day for the Tesla CEO as shareholders vote on his controversial pay package – with major implications for the billionaire and his company.

  • Updated
  • Trisha Thadani

March

The Federal Court has found Vanguard made misleading statements about whether it was investing in fossil fuel companies such as Chevron.

Vanguard guilty of greenwashing in ASIC’s first major court win

The funds management giant could be on the hook for millions of dollars in damages, though the court rejected aspects of ASIC’s case.

  • Hannah Wootton

February

trader

Death of the star stockpicker: Investors pull $230b from hedge funds

Clients are tiring of managers’ poor returns in bull and bear markets.

  • Costas Mourselas

January

Luci Ellis said there was a “trade-off” in making the RBA more transparent with the market.

Economists fear unintended consequences of the RBA overhaul

In The Australian Financial Review’s quarterly survey economists warn making the central bank more transparent could lead to slip-ups and muddle policy signals.

  • Cecile Lefort

December 2023

Musk blasts public markets in talk with Wood

Elon Musk bemoaned the high regulatory burden faced by publicly traded companies in a wide-ranging talk with Cathie Wood.

  • Emily Graffeo and Kurt Wagner
An initial investment of $1000 in 1993, plus $100 per month, over 30 years would have grown to $166,000.

A quick guide to investing for kids (and how to deal with tax)

If the income earned is linked to a child’s tax file number, there will be no capital gains tax when they turn 18.

  • Balaji Gopal
The Vanguard Total Bond Market ETF moved above $US100 billion for the first time ever.

Vanguard’s biggest bond ETF becomes first to break $151b

The highest yields in years have made fixed-income more appealing, while exchange traded funds have consistently stolen market share from their more expensive mutual fund brethren.

  • Katie Greifeld
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October 2023

Todd Sampson might be the first early departure at Qantas for some time.

Future Fund to vote against Qantas director Todd Sampson

The sovereign wealth fund, and other large investors in the airline, will not support the re-election of the advertising executive to the airline’s board.

  • Ayesha de Kretser and John Kehoe
VanEck’s Arian Neiron.

ETFs quietly rewrite rule books amid regulatory crackdown

ASIC’s move on Vanguard for alleged misleading marketing has the rest of the ETF sector scrambling.

  • Nina Hendy

September 2023

The ‘Aldi’ ETF that delivers an extra 0.21pc

Fees charged by funds based on the same index can make a difference to returns, which is why it’s worth taking a closer look.

  • Tim Mackay

August 2023

BlackRock’s headquarters in New York

BlackRock hit by backlash after fall in ESG votes

The New York City comptroller has accused the $14.7 trillion asset management group of giving in to a war against environmental, social and governance causes.

  • Nicholas Megaw, Brooke Masters and Madison Darbyshire
Regulatory bodies are cracking down on corporate greenwashing.

BlackRock, State Street scramble to manage greenwashing risk

Alarmed by ASIC’s case against Vanguard, asset managers across the board have been meeting to discuss vulnerability to prosecution.

  • Updated
  • Hannah Wootton and Joanna Mather

Original URL: https://www.afr.com/company/the-vanguard-group-6fub