Engineering Manager

Vanguard launches three global ETFs. 23 August 2026 Vanguard has expanded its UCITS ETF range with the launch of three new funds. The new ETFs will be listed on the London Stock Exchange, Deutsche Borse, Euronext Amsterdam, Borsa Italiana and SIX Swiss Exchange. The Vanguard FTSE Global All-Cap UCITS ETF is designed to give investors broad exposure to the full investable equity market through a single fund, including large-, mid- and small-cap companies across developed and emerging markets. The Vanguard FTSE Global Small-Cap UCITS ETF provides a dedicated way to add global small-cap exposure, while the Vanguard FTSE All-World ex-US UCITS ETF offers an alternative for investors who already hold, or wish to manage separately, their US equity allocation, as well as investors who want broad exposure to developed and emerging markets outside the US. The new ETFs will sit alongside Vanguard's existing FTSE All-World UCITS ETF, which provides exposure to large- and mid-cap companies across developed and emerging markets and form part of Vanguard's broader expansion of its UCITS ETF range in 2026. Jon Cleborne, head of Vanguard Europe, said: "Investors want global equity portfolios that are simple to build, low-cost and flexible enough to meet different allocation needs. "With nearly half of all assets in the global equity UCITS ETF category, Vanguard has become a leading choice for investors seeking straightforward, low-cost global diversification. These new ETFs build on that strength by giving investors more choice in how they access global markets, whether through broad all-cap exposure, dedicated global small-cap exposure, or broad exposure to developed and emerging markets outside the US."

Itaú and Vanguard strengthen alliance to accelerate international diversification in Brazil. The partnership begins with the transformation of the SPXI11 ETF. Date: 21 Aug 2026 · 15:39 Itaú Asset Management already boasts a scale-sized platform. The partnership with Vanguard may allow Itaú to deepen that offering by utilizing one of the most recognized index vehicles in the global industry. For Vanguard, Brazil also represents a market where exchange-traded products have gained ground. For now, the first step is focused on the S&P 500, one of the most widely used indexes by investors to gain exposure to large-cap U.S. Companies. International portfolio diversification for Brazilian investors has gained a new ally. Itaú Asset Management and Vanguard have announced a strategic partnership aimed at expanding the range of products linked to international markets while simultaneously boosting the development of the Brazilian ETF market. The first concrete outcome of the agreement is the restructuring of SPXI11 - Itaú Asset's S&P 500-tracking ETF launched in 2015. The fund will transition its underlying asset to the Vanguard S&P 500 UCITS ETF, a UCITS-domiciled vehicle designed to track the primary U.S. equity benchmark. The move represents more than swapping one asset for another: it places two major asset management platforms - one with a deep footprint in Brazil and the other with global scale - within a single investment vehicle tailored for the domestic Brazilian market. The updated structure also enables automatic dividend reinvestment, a feature that supports long-term compounding by keeping distributed dividends fully invested within the fund. A market looking beyond Brazilian borders. The partnership comes at a time when international diversification is becoming increasingly vital for local investors. Itaú Asset already operates a platform of significant scale, managing over 1.2 trillion reais (approx. $231.1 billion) with 2.6 million clients and over 380 professionals. The bank reports that its clients hold more than 250 billion reais (approx. $48.1 billion) in overseas investments - underscoring the magnitude of demand for international assets among its client base. In this environment, ETFs provide an efficient avenue for accessing foreign markets. SPXI11 offers direct exposure to the S&P 500 through local Brazilian market infrastructure, holding approximately $67.8 million in net assets. Partnering with Vanguard allows Itaú to enhance this offering using one of the global industry's most recognized index vehicles. Vanguard's global scale. Vanguard manages approximately $12 trillion in assets worldwide, serving tens of millions of investors. Founded in 1975, the firm is globally renowned for index-tracking strategies and low-cost structure. Its involvement in Brazil signifies a deeper commitment to one of Latin America's largest investment markets, where exchange-traded products have steadily gained ground across equities, fixed income, and international assets. Both institutions noted that the agreement encompasses broader areas of collaboration, including investor education, best-practice sharing, and future product development. This multi-faceted alignment could prove particularly strategic. Itaú Asset currently operates a multi-desk setup managing 165 billion reais ($31.8 billion) across 23 distinct investment desks. Combining this local distribution and active desk network with Vanguard's global indexing expertise positions both firms to address growing domestic demand for international exposure. Ultimately, the alliance reflects a broader trend across the Latin American asset management industry: major domestic managers partnering with global platforms to expand international product offerings directly within local market clearing and execution systems.