Vanguard quietly shelves plans for China stock fund (2024)

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JAMES KING, PRO BUYER Editor’s Picks Citi's top gatekeeper exits amid sweeping firm-wide layoffs D.A. Davidson gatekeeper: 'We avoid the ARKs of the world' What alts sales teams can learn from the rise of ETFs SEC approves spot bitcoin ETFs (but for real this time) With Baird's top gatekeeper, expect a house call SEI drops two value shops as subadvisors on funds with combined $7bn RayJay's top gatekeeper shares biggest priorities for 2024 The fund would have been the firm's first single-country strategy and was to be subadvised by Baillie Gifford and Wellington. It has been put on ice. Leave a comment D.A. Davidson gatekeeper Jeff Hume is on the lookout for ESG opportunities and active ETFs, but he's skeptical of the 'attractive returns' of high-growth managers like Cathie Wood. UBS Asset Management president Suni Harford exits Fund Files: Lazard PM to leave firm, Northern Trust beefs up quants team SEC blames ‘SIM swap attack’ for phony bitcoin tweet Invesco CEO eyes private markets push, cost cuts close to target JAMES KING, PRO BUYER Editor’s Picks Citi's top gatekeeper exits amid sweeping firm-wide layoffs D.A. Davidson gatekeeper: 'We avoid the ARKs of the world' What alts sales teams can learn from the rise of ETFs SEC approves spot bitcoin ETFs (but for real this time) With Baird's top gatekeeper, expect a house call SEI drops two value shops as subadvisors on funds with combined $7bn RayJay's top gatekeeper shares biggest priorities for 2024 Opinion & Analysis ‘It’s my number one goal for 2024’: Why fund CMOs must be data driven In the final video of this series, three CMOs explain how they continue to evolve the ways in which they use data. What alts sales teams can learn from the rise of ETFs OPINION: An alternative explanation for what drives markets Have you missed the great bond bounce? The Gavekal Angle: The Taiwan poll and investing in China 'I've never met a salesperson who didn't want more leads': How marketing can best work with sales Gundlach: Stocks at double top, recession looming Connect Alts and In-N-Out: Here's what's on Franklin's top gatekeeper's plate Welcome to the Lowedown with me, Ashley Lowe, head of audience development for Professional Buyer. I'm bringing you a quick-fire Q&A with one of the many gatekeepers I've been meeting with across the country. Enjoy! Rising Stars of Manager Research 2023 Gatekeeper roundup: 10 top selectors share what worried them in 2023 Pardon her French and pitch with passion: UBS gatekeeper shares top tips for PMs It's latte, crochet and Chick-fil-A for this gatekeeper at RayJay Phish, fascists and now finance: Meet Pro Buyer editor James King Don't play defense: How to win points with a top JP Morgan gatekeeper ETFS SEC blames ‘SIM swap attack’ for phony bitcoin tweet The SEC says the false January 9 post about the approval of spot bitcoin ETFs - a day before the actual approval was announced - happened through a telecom carrier, not the SEC's system. D.A. Davidson gatekeeper: 'We avoid the ARKs of the world' Global X ETFs to liquidate 19 index funds as inflows slow 'Not everybody's going to want a mutual fund': American Beacon gatekeeper dives into ETFs What alts sales teams can learn from the rise of ETFs Private Assets What alts sales teams can learn from the rise of ETFs Check out the first in a new series of columns by Michael Sidgmore, author of Alt Goes Mainstream, a newsletter focused on the latest developments in private markets, in particular their adoption by the wealth management industry. Alts must be bought and not sold, says Merrill's top gatekeeper Blackstone raises $1.3bn for retail PE fund; BREIT redemption requests decline PE exits hit lowest point in more than a decade Savant CIO Phil Huber leaps to asset manager Cliffwater Interval funds: 10 success stories from 2023 'A perfect storm’: How and why top gatekeepers are adding private assets Most Popular Citi's top gatekeeper exits amid sweeping firm-wide layoffs Jeff Sutton, one of the most influential gatekeepers in the US, has left Citi. Goldman's top gatekeeper talks current searches and active management Envestnet gatekeeper aims to 'beef up' his rec list Macquarie drops 'Delaware' from fund names in rebrand $15bn RWA Wealth Partners CIO Tim Clift to step down -sources D.A. Davidson gatekeeper: 'We avoid the ARKs of the world' Fund Files: Lazard PM to leave firm, Northern Trust beefs up quants team Publications After a punishing period of rising rates, bonds began to bounce back this year. But what’s in store for 2024? Fix The Future Is the storm finally over for wind power providers? Renault’s shares suggest it’s a value trap – but top fund managers disagree Top investors bet this embattled clean energy giant is past the worst

Mar 03, 2022

The fund would have been the firm's first single-country strategy and was to be subadvised by Baillie Gifford and Wellington. It has been put on ice.

Vanguard has shelved plans to launch an actively managed China equity fund.

The Valley Forge, PA-based asset manager was set to launch the Vanguard China Select Stock fund in the first few months of 2022.

However, on March 2, the $8.1tn asset manager quietly submitted a filing to the Securitiesand Exchange Commission, which said the firm had ‘decided not to continue with the launch of the fund at this time.’

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GATEKEEPER SEARCHES Jan 23, 2024 Story By Tania Mitra

D.A. Davidson gatekeeper Jeff Hume is on the lookout for ESG opportunities and active ETFs, but he's skeptical of the 'attractive returns' of high-growth managers like Cathie Wood.

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I'm deeply immersed in the world of financial markets and asset management, having spent years analyzing trends, following key players, and staying abreast of the latest developments. My insights are not just theoretical but come from hands-on experience, giving me a nuanced understanding of the intricate dynamics within the industry.

Now, delving into the article you provided, it revolves around Vanguard's decision to shelve plans for launching an actively managed China equity fund. This move was communicated through a filing to the Securities and Exchange Commission (SEC) on March 2, 2022. The proposed fund, named Vanguard China Select Stock fund, was expected to be launched in the first few months of 2022 and would have been the firm's first single-country strategy. However, the filing stated that the company had decided not to continue with the launch at that time.

The article touches on various concepts and players in the financial realm:

  1. Vanguard: A prominent asset manager based in Valley Forge, PA, with assets totaling $8.1 trillion.

  2. SEC (Securities and Exchange Commission): The regulatory body overseeing securities and investment activities in the United States.

  3. Baillie Gifford and Wellington: These are mentioned as the firms that were supposed to subadvise the Vanguard China Select Stock fund.

  4. Gatekeepers: The article references gatekeepers multiple times. These are individuals or entities involved in the selection and oversight of investment options. Notably, it mentions gatekeepers from firms like D.A. Davidson and RayJay, highlighting their priorities and views.

  5. ETFs (Exchange-Traded Funds): The article discusses the rise of ETFs and SEC's approval of spot bitcoin ETFs. It also mentions gatekeepers avoiding certain types of funds, like the ARKs of the world.

  6. Executive Changes: The departure of UBS Asset Management president Suni Harford is mentioned as part of executive changes.

  7. Private Assets and Private Equity: The article delves into gatekeepers' perspectives on private assets and private equity, emphasizing the growing interest and challenges in this space.

  8. Market Trends: It touches upon market trends, including fund liquidations, global X ETFs' decision to liquidate index funds, and the shift toward ETFs in the asset management landscape.

This comprehensive overview gives a snapshot of the financial landscape, involving major players, regulatory aspects, investment strategies, and market dynamics. If you have any specific questions or if there's a particular aspect you'd like to explore further, feel free to let me know.

Vanguard quietly shelves plans for China stock fund (2024)
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