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Vanguard tops $1 trillion in assets outside the US, FT reports.

companies :: 2026-01-25 :: source - reuters

By Reuters

The logo for Vanguard is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 1, 2022. REUTERS

(Reuters) - Vanguard's assets under management outside the ​U.S. have exceeded $1 ‌trillion for the first time, the Financial Times reported on ‌Sunday.

In the next five years, ​the asset manager is seeking to ‍more than double its international client count to nearly ⁠40 million, the ‍FT report said.

Chris McIsaac, Vanguard's ‌international ‌head, said the firm's business outside the U.S. doubled its ⁠assets ⁠over ​the past five years, adding that "at this pace, it ‍will take us another five to attract the ​next $1 trillion."

Reporting ‍by Chandni Shah in Bengaluru; ​Editing by Thomas Derpinghaus


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