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msf January 14
Observant1 January 14

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Vanguard Reorganization

Observant1

January 14 in Other Investing

Vanguard finalized its reorganization into two separate investment management teams on Monday.

"To that end, Vanguard has completed a multiyear effort to establish two wholly owned U.S. investment advisors,
Vanguard Capital Management and Vanguard Portfolio Management.
Each consists of distinct investment management teams and independent investment stewardship teams
made up of our deeply experienced leaders and crew."

https://corporate.vanguard.com/content/corporatesite/us/en/corp/articles/update-our-us-investment-advisory-structure.html

https://www.thinkadvisor.com/2026/01/12/vanguard-completes-split-into-2-advisory-businesses/

Comments

msf

January 14

See link below for prospectus and SAI supplements. My brief comment was that this resembles what T. Rowe Price did not that long ago.

https://mutualfundobserver.com/discuss/discussion/65375/vanguard-splitting-into-two-investment-subsidiaries
Observant1

January 14 edited January 14

msf,

Thanks—I missed your thread.

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