History of Vanguard Vanguard pioneered the concept of indexing, introducing the first retail index fund in the US in 1976. By the 1990s, as low-cost investing and index funds demonstrated their merits, competitors began to emulate Vanguard by offering their own index funds.And as more investors and organizations realized the importance of cost efficiency, various fund companies selectively cut costs—sometimes just temporarily—in hopes of attracting new assets.Meanwhile, under the leadership of Mr. Bogle's successor, CEO John J. Brennan, the company continued to expand, first venturing outside the United States in 1996 when it established offices in Melbourne, Australia. In his most recent CEO Perspective, Tim Buckley, Vanguard Chairman and CEO, thanks investors for demonstrating courage amidst a historic economic downturn.
Launch of Vanguard's Index Funds to wholesale clients.The Australian office launches Vanguard® Investor Index Funds for retail investors.The Vanguard Group opens its Tokyo office.The Vanguard Group opens its Singapore office.Vanguard becomes the first fund manager in Australia to report after-tax returns.Hon. Vanguard Personal Advisor Services®.
William McNabb III, who joined Vanguard in 1986, is named CEO, succeeding John J. Brennan.Assets under management at Vanguard pass the $2 trillion mark.Powered by record-setting cash inflows, assets under management pass $3 trillion, including those in Vanguard's fast-growing international operations.Vanguard officially launches its landmark Personal Advisor Services, with clients able to receive ongoing advice for just 0.3% of assets.Vanguard's assets under management surpass $4 trillion. Index Investment Trust (now called the,Growth in assets accelerated after the beginning of the.Bogle retired from Vanguard as chairman in 1999 when he reached the company's mandatory retirement age of 70 and he was succeeded by John J. This information is not intended for persons present in the United States of America.The Vanguard FTSE Emerging Markets Shares ETF has not been and will not be registered under the Securities Act or under any relevant securities laws of any state or other jurisdiction of the United States and may not be offered, sold, taken up, exercised, resold, renounced, transferred or delivered, directly or indirectly, within the United States except pursuant to an applicable exemption from the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. When the standardized shipping container disrupted the logistics industry in the late 1970s, Vanguard—then DCL as one of the founding business of our company—saw an opportunity to create efficiencies in ocean freight practices. Even these actively managed funds strive to keep costs low versus industry averages making them a better bet for investors.Index funds make a lot of sense for many investors. As a member of the group, Vanguard benefits from its business integrity, operational excellence, and investment in people, as well as its strong support for our growth and continued sector leadership.VANGUARD LOGISTICS SERVICES provides ocean transportation to and from the United States and throughout the world as Vanguard Logistics Services (USA), Inc. dba Vanguard Logistics Services dba Vanguard dba Brennan International Transport dba Brennan dba Conterm Consolidation Services dba Conterm dba Direct Container Line dba DCL dba Ocean World Shipping dba OWS dba Ocean Express dba Oceanexpress (OTI# 017237N); or Vanguard Logistics Services (Hong Kong) Limited dba Vanguard Logistics Services dba Vanguard (OTI# 019927); or Vanguard Logistics Services (Japan) Limited dba Vanguard Logistics Services dba Vanguard (OTI# 021711).We use cookies to enhance your experience and analyze site usage.