06.05.2014 - How the ground is shifting in the ETF industry
As more retail investors make the move from mutual to exchange-traded funds, one company appears to be reaping the biggest share of the benefits. In a year that has been sluggish otherwise for the $1.76 trillion ETF industry, Vanguard has seen its assets under management grow substantially, putting it in position to rise from third to second in the overall ranking of fund families, according to ETF.com. In fact, the firm—founded by investing legend and index fund advocate Jack Bogle—has seen individual ETFs it owns occupy three of the top four spots and five of the top seven in terms of inflows. Vanguard led all providers through the first four months with $18.6 billion in new money...............................................Full Article: Source
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