Vanguard's assets outside the United States surpass $1 trillion in size.

Vanguard's assets under management for overseas clients have exceeded $1 trillion. The company is planning to expand internationally on a large scale, with the goal of doubling the number of clients and assets within five years. The CEO of the world's second largest asset management company, Salim Ramji, stated that as governments around the world try to encourage millions of savers to invest their idle funds, there will be "huge opportunities" in the global market. He pointed out that funds in the UK and European markets are heavily skewed towards cash and cash deposits, partly because of "high investment costs, overly complex processes, and numerous barriers that hinder people from making quality long-term investments." Vanguard manages assets totaling over $12 trillion globally, focusing on low-cost financial products and providing ready-made investment funds for "do-it-yourself" investors. The company plans to more than double its international client base of 17 million in the next five years, reaching nearly 40 million.