In the Margins

Vanguard attracts record flows this year

July 6, 2016

By Bloomberg

Vanguard Group attracted $148 billion in new client money during the first six months of 2016, surpassing its previous first-half record of $140 billion set last year. In June alone, about $30 billion flooded into the firm’s mutual funds and exchange-traded products. The firm is benefiting from a growing preference for low-cost index-tracking products. Read the original story from Bloomberg

 

 

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