Vanguard's new chief, Salim Ramji, said on Wednesday that he plans to expand the fixed income offering of the U.S. top asset manager given the market's size ...
NEW YORK - Vanguard's new chief, Salim Ramji, said on Wednesday that he plans to expand the fixed income offering of the U.S. top asset manager given the market's size and opportunities.
Ramji, who became Vanguard's chief executive officer in July, replacing Tim Buckley, joined the Malvern, Pennsylvania-based firm from BlackRock, where he was responsible for two-thirds of the firm's assets and growth. Ramji said he was also looking at opportunities in private markets, a sector that includes debt and equity that is not publicly traded or listed. “In privates we’re open to exploring partnerships,” he said.How to beat the scarcity mindset and build a legacy
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