An industry record $236 billion flowed into Vanguard mutual funds in 2015, as theMalvern, Pennsylvania investment giant founded by passiveinvestment pioneer Jack Bogle continued to benefit from investors’redemptions from actively managed investment strategies.
It was the largest flow of assets ever to a single managementcompany, eclipsing the record Vanguard set in 2014, when its fundsattracted $214.5 billion in assets, according to reporting in theWall Street Journal.
A representative from Morningstar says its analysts won’t haveVanguard’s total 2015 numbers forseveral more days, but that the data it has through November 2015validates the Journal’s reporting.
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