Vanguard retains title of world's fastest growing fund manager in 2017
For sixth year in a row
Vanguard has retained the position of the world's fastest growing asset manager for a sixth year in a row, after attracting more than $1bn (£738m) in new business each day of 2017, according to the Financial Times.
A preliminary estimate released by Vanguard showed the fund manager took $368bn in net inflows last year, which is a 13.9% rise on the $323bn it attracted in 2016, the paper reports. Around 90% of new...
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