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 |
|
Thursday, December 19, 2013 Vanguard Rocked Equity Flows in 2013 Like. A. Boss. Vanguard crushed the equity fund space in 2013, just crushed it, reports InvestmentNews. According to reporter Jason Kephart, Morningstar saw $41.4 billion of net inflows into its U.S equity funds in 2013 through Nov. 30. Kephart attributes much of Vanguard's success to index funds and their low cost appeal to investors. In the article, he quotes industry consultant Geoff Bobroff, who told Kephart: “The story works.” “They've got a confirmed audience that likes the Vanguard approach and low costs,” Bobroff says in the article. Read more in InvestmentNews. Printed from: MFWire.com/story.asp?s=47158 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |