MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, December 19, 2012 Vanguard's 2012 Was the Best Year Ever for Flows The salespeople at Vanguard [profile] should be patting themselves on the back. The firm announced in an emailed release that it is on pace for its best-ever year of inflows -- the best year that any funds firm has ever had, in fact. Vanguard has attracted $130.4 billion on the year through November, beating the previous industry record of $129.6 billion, set by JP Morgan in 2008, according to Strategic Insight. Vanguard's massive inflow total included $46.6 billion into in the firm's ETFs. By asset class, $72.3 went into equity funds, $6.3 billion to balanced funds, and $54.4 billion into bond funds. The firm recorded $2.5 billion of outflows from its money market funds. Printed from: MFWire.com/story.asp?s=42429 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |