Jeff DeMaso

505 posts

Weekly Brief

A Teddy Bear Market?

Putting the current bear market into context | Vanguard increases account statement fees

| 4 min read
IVA Research

Are ETFs More Tax Efficient? No.

ETFs have long been crowned more tax-friendly than mutual funds. That may be true across much of the industry, but not at Vanguard. Compare apples to apples, and there’s no difference from a tax standpoint between a Vanguard Admiral-class index fund and its ETF sibling.

| 18 min read
In The News

RIABiz Twofer: ESG and QEG

Over the past few months, I've covered how Vanguard's ability to buy utility stocks was threatened by a coalition of attorney generals arguing that Vanguard wasn't as passive an investor as the index giant claimed—most recently here. Vanguard was ultimately granted authorization to

| 2 min read
In The News

WSJ | Vanguard Pays for Misleading Shareholders

I spoke with the Wall Street Journal about Finra slapping Vanguard on the wrist with an $800,000 fine.

| 1 min read
Monthly Recap

Storm Clouds Clear

JUNE 2023 | Markets took the debt ceiling debate in stride, growth stocks beat value stocks and the municipal money market yield roller coaster slows. Plus, an article roundup and the IVA Factor Tracker.

| 7 min read
Weekly Brief

Manager Merry-go-round

A deal on the debt ceiling | Vanguard fires itself | Wellington’s Abrams announces his retirement | Emerging Markets Select Stock picks up more managers | FINRA fines Vanguard

| 5 min read