Press Releases
FOR IMMEDIATE RELEASE |
17 June 2009
Vanguard Funds Now Available on the Raymond James Platform
Raymond James Investment Services (RJIS) is pleased to announce that the recently launched range of Vanguard Index Funds into the UK retail market is now available for investment through the RJIS platform.
“We are delighted to be able to offer the full range of Vanguard funds that are available to UK investors”, notes David Hazelton, RJIS Head of Business Development. “At RJIS, we are committed to an open architecture approach, and Vanguard’s low cost tracker funds are a welcome addition to the other funds we offer in this space.“
A strong synergy already exists between the two companies. As of the end of March, Raymond James in the US held $1.3B in Vanguard funds, placing Vanguard as one of its largest fund holdings. With the company’s entry into the UK market, RJIS can continue to build on the Raymond James relationship with Vanguard.
Tom Rampulla, Managing Director, Vanguard Investments UK comments: “We are pleased to expand the successful relationship we have with Raymond James in the US by partnering with them for our newly launched UK business. Vanguard is the leading provider of high-value, low cost investment products and services, supported by our clear business approach that focuses on client needs. We believe that our launch in the UK will build on the success we have achieved in the US, and we look forward to working with RJIS in attaining this”.
The suite of Vanguard Index Funds available in the UK includes the following:
- Vanguard FTSE U.K. Equity Index Fund
- Vanguard FTSE U.K. Equity Income Index Fund
- Vanguard FTSE Developed World ex-U.K. Equity Index Fund
- Vanguard FTSE Developed Europe ex-U.K. Fund
- Vanguard U.S. Equity Index Fund
- Vanguard Japan Stock Index Fund
- Vanguard Pacific ex-Japan Equity Index
- Vanguard Emerging Markets Stock Index Fund
- Vanguard UK Investment Grade Bond Index
- Vanguard UK Government Bond Index
- Vanguard Global Bond Index Fund
Enquiries
Raymond James Investment Services
Cynthia Poole, Director of Relationship Management and Business Support
Tel 0207 096 6751
Cynthia.Poole@RaymondJames.com
Vanguard
Amy Butler, Lansons Communications
Tel: 020 7566 9709
amyb@lansons.com
David Masters, Lansons Communications
Tel: 020 7294 3687
davidm@lansons.com
Notes to Editors
About Raymond James Investment Services (RJIS)
Raymond James Investment Services Limited (RJIS) is the UK private client investment management arm of Raymond James Financial, Inc., a diversified financial services company headquartered in St. Petersburg, Florida, USA. The firm commenced operation in 2001 and now has 8,100 client accounts representing total assets of £1.2 billion (US$1.8 billion). Figures for March 31st 2009 show RJIS has 52 affiliated offices, which represent a number of experienced and well regarded private client investment managers, stockbrokers and wealth managers located throughout the UK. RJIS is a member of the London Stock Exchange and is authorised and regulated by the Financial Services Authority. Its Registered Office is 77 Cornhill, London, EC3V 3QQ. For more information go to www.rjis.co.uk
About Vanguard
Vanguard Investments UK is authorised and regulated by the Financial Services Authority. It is a wholly owned subsidiary of The Vanguard Group, a leading provider of high-value investment services, whose mission is to help clients achieve their goals by being the world’s highest value provider of investment products and services. Since establishing the first indexed mutual fund in the US in 1976, Vanguard has grown into one of the world’s largest and most respected investment management companies. Vanguard manages more than US $1.1 trillion in assets and serves more than 23 million individual and institutional accounts worldwide. Vanguard offers more than 150 funds and ETFs to U.S. investors and more than 50 additional funds in non-US markets.
Disclaimers:
The information contained herein does not constitute an offer or solicitation and may not be treated as an offer or solicitation in any jurisdiction where such an offer or solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solicitation is not qualified to do so.
Vanguard is a trademark of The Vanguard Group, Inc. All other marks are the exclusive property of their respective owners.
© 2009 The Vanguard Group, Inc. All rights reserved.
