Vanguard CEO warns against multi-asset funds

Bill McNabb, global CEO of $2.2 trillion Vanguard, says tactical elements in multi-asset products “make me nervous”.


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How will you alter your portfolio after the US election result?





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Underweight US
  16%
 
Overweight US
  44%
 
Underweight EMs
  7%
 
Raise cash levels
  19%
 
No change
  14%
TOTAL VOTES: 149
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