Vanguard to publish quarterly portfolio holdings

FOFA/funds-management-industry/stronger-super/global-financial-crisis/investors/

4 October 2012
| By Staff |
image
image
expand image

Funds manager Vanguard Investments has announced that it intends publishing quarterly portfolio holdings for all its funds from this month onwards.

The company flagged the move last week, claiming it represented a first for the funds management industry.

Under the arrangement, investors will be able to access details of the portfolios of the full range of Vanguard investment funds via the company's web site, www.vanguard.com.au from 11 October 2012.

Commenting on the move, Vanguard's head of market strategy and communications Robin Bowerman said it was designed to improve transparency for investors and ensure they had the information necessary to make informed decisions.

"Better disclosure is high on the agenda of the Stronger Super and FOFA reforms for good reason," he said.

"We believe disclosure of both fees and fund holdings can play a large part in restoring investors' faith, post the Global Financial Crisis, in the investment industry as a whole."

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 6 days ago

TOP PERFORMING FUNDS