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Vanguard defends dominance of US equities in EU-domiciled funds

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Vanguard has defended the dominance of US equities in European investors’ passive fund portfolios in the face of growing criticisms from EU asset managers and policymakers that listed companies in the bloc are missing out on investment. Sandro Pierri, president of the European Fund and Asset Management Association, said last…

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Click here to read the full story: Financial Times

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