Vanguard Group 's equity contribution ( DC ) assets under management reached $ 1.14tn at year - end 2017 , making it the first DC asset manager to exceed $ 1tn , according to preliminary data compiled by Pensions & Investments . Martha King , managing director and head of catalyst 's institutional investor group , attributed the growth over the past decade to plan sponsors looking for low - risk , high - risk investments for their participants and a record - keeping partner to manage plans . Vanguard 's DC assets under management were $ 903.6bn in 2016 and the group has been the largest manager of DC investments since 2013 .
Vanguard Group's defined contribution (DC) assets under management reached $1.14tn at year-end 2017, making it the first DC asset manager to exceed $1tn, according to preliminary data compiled by Pensions & Investments. Martha King, managing director and head of Vanguard's institutional investor group, attributed the growth over the past decade to plan sponsors looking for low-cost, high-quality investments for their participants and a record-keeping partner to manage plans. Vanguard's DC assets under management were $903.6bn in 2016 and the group has been the largest manager of DC assets since 2013.