Vanguard S&P 500 ETF Tops $1tr in Asssts

The VOO (Vanguard S&P 500 ETF) has reached $1tr ahead of rival ETFs from State Street and iShares.

SJP announces lower cost funds after fee restructure

SJP (Saint James' Place), one of the UK's largest wealth managers, managing over £198.5 billion in client assets, has expanded its investment range with new multi-index range funds priced at 20bps. Funds developed by State Street will form the building blocks of these new funds. SJP stated the new funds will "help change the perception" that its products are too expensive.