Salim Ramji is betting the path to Vanguard Group customers’ hearts is still through their wallets. In the first major initiative in Ramji’s six-month run as chief executive, Vanguard on Monday slashed the fees on nearly half of its U.

CEO Salim Ramji’s decision to implement the biggest fee cuts in Malvern-based Vanguard Group’s history is a win for both investors and the newly

The company’s sweeping expense ratio cuts for dozens of funds may pressure other asset managers to lower their costs too.

Vanguard Group's decision to slash fees for almost half of its U.S. funds is being called a win for both the investment giant's investors and its new CEO, Salim Ramji.