Will Vanguard Launch Its Private Investments the ‘Vanguard Way?’

Will Vanguard Launch Its Private Investments the ‘Vanguard Way?’

Vanguard upended investing once. Who’s up for another round? The Malvern, Penn.-based asset manager announced a partnership with Blackstone and Wellington last week to launch new products that package private and public assets into a single investment, which is becoming a hot-button corner of the industry. Their plan puts Vanguard on a collision course with other heavyweight partnerships like State Street and Apollo, as well as Capital Group and…