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Vanguard is all about making investing cheap, so why the PE fund?
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fnlondon.comDaniel P Wiener is chair of Adviser Investments, a $7bn wealth advisory that uses Vanguard funds extensively
When an investment company known as an advocate for low fees and full transparency on costs turns opaque, you know something is afoot. Indeed, Vanguard’s foray into private equity for the masses is so laden with fees it is hard to know exactly what you are paying and to whom.
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