Vanguard Drops Average Fee to Just 0.06% With Latest Cuts

Vanguard Group has unleashed another round of fee cuts across its lineup of mutual funds and exchange-traded funds, further tightening the screws on an industry already known for its low costs. The Jack Bogle-founded asset manager, which oversees about $12 trillion,...

AI Leads Family Office Investment Themes, JPMorgan Says

Artificial intelligence tops the investment priority list for family offices globally, a survey from JPMorgan Chase & Co.’s private bank shows, though allocations lag and remain concentrated in public equities. Of the 333 single family offices surveyed from 30...

Nvidia CEO Says New OpenAI Investment May Be Largest Yet

Nvidia Corp. Chief Executive Officer Jensen Huang said the company will be participating in OpenAI’s latest funding round, describing it as potentially “the largest investment we’ve ever made.” “We will invest a great deal of money,” Huang told reporters while...