Our history in active management dates back to when Vanguard first took a stand for investors in 1975. We have since grown to become one of the world’s largest active managers, with more than £1 trillion in assets under management globally*.
Whether managed internally, or using carefully selected 3rd parties, we believe our active edge is built on three core principles: we look for the best managers in the world, we are patient, allowing alpha to materialise over time, and we keep costs low to allow investors to keep more of their return.
Our history of active management dates back to our beginning in 1975*
In active assets makes us one of the largest active managers in the world*
of our active funds globally outperformed their peer group over the past ten years**
*Source Vanguard. Data as at December 31, 2020
**Source: Lipper, a Thomson Reuters Company. Data refers to Vanguard Active funds globally. Data as at December 31, 2020. For the ten-year period, 7 of 7 Vanguard money market funds, 38 of 44 bond funds, 6 of 6 balanced funds, and 30 of 37 stock funds, or 81 of 94 Vanguard funds outperformed their peer group averages. Results will vary for other time periods. Only funds with a minimum ten-year history were included in the comparison. Note that the competitive performance data shown represent past performance, which is not a guarantee of future results, and that all investments are subject to risks.
High investment costs, lack of discipline and frequent personnel turnover act as headwinds to active-investing success. We work to remove these headwinds, whether through our experienced internal active managers or the external managers who earn our confidence.
We aim to create consistent performance through a long-term collaborative approach, intelligent risk-taking and our commitment to remaining transparent and true-to-label with the target asset class. As a result, our funds can help provide income to your clients, improve risk-adjusted returns and minimise drawdowns.
We thoughtfully define the opportunity set for key risk and return drivers for each fund so you know what to expect.
Our deeply specialised yet collaborative approach reduces sector bias and improves relative-value decisions.
Our low costs mean we aren’t pressured into taking excessive top-down directional risk and instead can focus on high-conviction ideas.
Our focus on generating consistent risk-adjusted returns means we take a long-term, sophisticated approach that emphasises smart risk taking, and true-to-label fund performance.
4 Source Vanguard. Data as at January 6, 2021. The OCF refers to the Investor GBP hedged Acc and Investor GBP hedged Dist share classes. The Ongoing Charges Figure (OCF) covers the fund manager’s costs of managing the fund. It does not include dealing costs or additional costs such as audit fees.
Important risk information:
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
For further information on risks please see the “Risk Factors” section of the prospectus on our website.