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

January 25, 20266:32 AM GMT+1Updated 10 hours ago

Jan 25 (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.Get a daily digest of breaking business news straight to your inbox with the Reuters Business newsletter. Sign up here.
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."