Governors encourage Vanguard to create China-free fund

(The Center Square) – The governors of South Dakota, Mississippi, Iowa and Texas are asking investment management company Vanguard to create an investment fund that doesn’t include China. 

“Many of our states utilize Vanguard as an asset manager for our state investment dollars,” the governors said in the letter. “Vanguard has distinguished itself among its competitors in part by charging significantly lower fees, allowing states like ours to give more money back to our people.”