Vanguard Extends Asset-Gathering Dominance
November 07, 2014 at 08:20 AM EST
Vanguard, the third-largest U.S. issuer of exchange traded funds, is enjoying another stellar year of inflows as investors eschew high-fee, under-performing actively managed mutual funds in favor of lower cost, passively managed funds. Investors have sent a whopping $163.4 billion into Vanguard...