MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, January 12, 2011 Vanguard Says 2010 Was its Third Best Year Ever Vanguard crew members are looking back on 2010 as the third-best year in company history in terms of net cash flow. The Valley Forge, Pennsylvania-based fund firm had $84.8 billion in net cash flow in the just-concluded year, according to a press release. Stock funds and ETFs accounted for $62 billion of the total, while bond funds and ETFs represented $34 billion and balanced funds $1.5 billion. Investors yanked $12.7 billion from its money-market funds. Bloomberg noted that Vanguard's best year ever was 2007, with net cash flow totaling $104 billion, followed by 2009, with $101 billion. Printed from: MFWire.com/story.asp?s=35654 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |