Vanguard cuts fees on UK active range

From today (19 June), annual fees on the Vanguard Global Equity fund, which is managed by Baillie Gifford and Wellington Management Company, and the Wellington-Vanguard-managed Global Equity Income fund fall from 0.6% to 0.48%. JPM to cut fees on US Smaller Cos IT Vanguard Global Equity has returned 57.3% over its three-year track record, compared to the IA Global sector average of 51.3%, according to FE. Over the same period, the equity income product has gained 44.7% compared to the IA Global Equity Income sector's average of 40.9%. Managed by Wellington, multi-asset product Vang...