2015 was another record breaking year for Vanguard , which saw $ 236bn of inflows into its mutual funds after attracting a net $ 214.5 billion in 2014 . According to Morningstar , the amount represents the largest ever annual injection of funds into a mutual- financed company . It is a clear indication of the swing favouring lower cost passive investment vehicles and takes AUM at the pioneer of passively- managed investments to more than $ 200 tn .
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.