


| Job losses loom as Vanguard Group closes Hong Kong, Japan operations |
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and Japan operations and cut jobs across both locations as it shifts its Asian headquarters to Shanghai, it said on Wednesday. The largest mutual fund company, with roughly $6 trillion in assets under management, said in a statement its Hong Kong business mostly served institutional clients and not retail investors, which are its primary focus.
Posted: 2020-08-27 00:25:00
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