Vanguard capped off a strong 2016 with a US$289 billion injection from investors globally, surpassing the rest of the fund industry combined, according to a recent Morningstar report. The remainder of the industry took in US$244 billion, US$45 billion behind Vanguard’s net inflows. Understandably, 2016 was a lacklustre year, with the global fund industry registering its lowest net inflows since 2011…
Have a confidential tip? Get in touch [email protected]