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Vanguard doubles ETF flows from Asia’s private banks

A growing awareness of low-cost passive investment vehicles has led to stellar flows into Vanguard’s Exchange-Trade Fund (ETF) product range, including a 100% year-on-year growth in assets from Asia’s private banks. The American asset manager attributes this to two key drivers: a shifting regulatory environment towards greater due diligence and the expansion of the discretionary business. “After regulators insisted that…

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