- Vanguard streamlines ETF range
- Value, momentum, minimum volatility and liquidity factor ETFS to close
Passive investing giant Vanguard is closing all of its London-listed factor exchange traded funds (ETFs) due to "insufficient demand" that saw it fail to keep up with rivals at BlackRock’s iShares.
The four ETFs had a combined $360m (£264m) in assets under management as of 14 January, and will stop trading on 23 February at 2pm. The funds closing are: