2015 was another record breaking year for Vanguard, which saw $236bn of inflows into its mutual funds after attracting a net $more than $3.1 tn bn in 2014. According to Morningstar, the amount represents the largest ever annual flow of money into a mutual- fund company. It is a clear confirmation of the swing favouring lower cost passive investment vehicles and takes AUM at the pioneer of passively- managed funds to 214.5.
2015 was another record breaking year for Vanguard, which saw $236bn of inflows into its mutual funds after attracting a net $214.5 bn in 2014. According to Morningstar, the amount represents the largest ever annual flow of money into a mutual- fund company. It is a clear confirmation of the swing favouring lower cost passive investment vehicles and takes AUM at the pioneer of passively- managed funds to more than $3.1 tn.