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Vanguard CEO Aims to Bring Low-Cost Investing to Private Assets

Aug 5, 2024 | Markets, Private Markets

Salim Ramji took over as firm’s first-ever outsider CEO The new chief has no plans to try to take Vanguard public Vanguard Group Chief Executive Officer Salim Ramji said his firm is “really about” low-cost investing, and that he’d eventually like that to carry into...

Adviser to $60 Billion of Retail Cash Bets on Private Markets

Jun 3, 2024 | Markets, Private Markets

Mercer Advisors is launching a new platform for clients with at least $5 million in investable assets as it pushes further into a hot corner of the finance world. Mercer Advisors, which manages roughly $60 billion in assets across more than 30,000 families, is pushing...

Morgan Stanley Offers Pre-IPO Share Trading to Wealth Clients

Mar 4, 2024 | Markets, Private Markets

Unit to offer private shares to accredited investors Valuations of private firms like OpenAI, SpaceX have jumped Morgan Stanley’s wealth management arm is giving its clients a chance to buy and sell coveted shares of private companies before they are available to the...
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