Vanguard Group Inc. does not seem committed or innovative enough when it comes to its exchange traded funds (ETFs). Some industry experts think the loss of Noel Archard last month, to rival Barclays, backs this theory.
Vanguard’s presence in the marketplace could fade with their "measured" approach to ETF product development, they currently have only 26 ETFs. Other ETF providers have been dabbling in such practices as fundamental indexing, an idea which Vanguard is opposed to, reports David Hoffman of Investment News. Another problem Vanguard may be having is they perceive their ETFs as second to their mutual funds.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.