“You can expect to see Vanguard continue to grow globally and that growth will help investors back here [in the U.S.],” Buckley said. “It gives us that added scale we talked about, that we can keep pushing prices down and continue benefiting from having a global investment team.”
Buckley, who previously was Vanguard’s chief investment officer, succeeds current CEO Bill McNabb on Jan. 1.
This article was provided by Bloomberg News.