Transcript: Tim Buckley, Vanguard’s CEO
Barry Ritholtz
FEBRUARY 21, 2023
And we had prioritized all our strategic plans, we had to figure out how to get them done while people were remote. You’d hope for information ratio, but you have a bigger risk budget or standard deviation. That means a low hurdle rate. So you look for more excess return. Now, how do we think about active managers?
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