Abigail Johnson, his daughter, will succeed the long-time chairman.
Financial advisors who once shunned Vanguard Group because it didn’t pay commissions are now among the fund giant’s best customers.
Cohen & Steers has prospered by satisfying the appetites of investors who crave higher yields.
While many investors are fleeing active managers, others have poured money into these two MFS funds.
Vanguard is on track for record inflows for its combined mutual funds and ETFs.
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