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Tuesday, 23 May 2017

Vanguard’s rise shows it is now time for UAE investors to have access low-cost funds | The National

Vanguard’s rise shows it is now time for UAE investors to have access low-cost funds | The National:

"UAE investors are calling on low-cost mutual fund managers such as Vanguard to enter the region to boost competition and drive down costs.

They say too many UAE residents continue to buy over-priced insurance-based investment plans and need cheaper and more flexible alternatives.

The entry of a major low-cost platform such as US-based Vanguard would shake up the UAE market, giving local investors more choice and lower charges."



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