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Vanguard's assets under management (AUM) outside the United States have crossed the $1 trillion mark for the first time, marking a significant milestone for the asset manager. This achievement was reported by the Financial Times on Sunday.

<div class="gjw_content"><div class="tts_content_wrapper_1"><p>BY COMFORT OGBONNA</p><p>Vanguard’s assets under management (AUM) outside the United States have crossed the $1 trillion mark for the first time, marking a significant milestone for the asset manager. This achievement was reported by the Financial Times on Sunday.</p><p>Looking ahead, Vanguard aims to more than double its international client base within the next five years, targeting nearly 40 million clients globally. This ambitious goal comes as the firm sees a surge in demand for its investment services across markets outside the U.S.</p><p>Chris McIsaac, Vanguard’s international head, stated that the company’s international assets have doubled over the past five years. He emphasized that, at the current pace of growth, Vanguard is set to attract another $1 trillion in international AUM within the next five years.</p></div></div>