Vanguard Group, the titan of low-cost index funds, is coming after a fast-growing pocket of the money-management industry: actively managed bond funds. The firm’s investment dollars in such funds pushed past the half-trillion mark for the first time in June, a potential problem for competitors such as BlackRock Inc., Fidelity Investments, Pimco and Western Asset Management Co., which have long dominated bond investing. Malvern,...

Source: Wall Street Journal July 27, 2020 12:45 UTC