Vanguard holds onto title of world's fastest growing fund manager in 2017

Sixth year in a row

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Vanguard retains title
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Vanguard retains title

Vanguard has retained the position of the world's fastest growing asset manager for a sixth year in a row, after attracting over $1bn in new business each day of 2017, the Financial Times reports.

A preliminary estimate released by Vanguard showed the fund manager took $368bn in net inflows last year, which is a 13.9% rise on $323bn in 2016, the paper reports. Around 90% of new money in 2017 flowed...

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