Vanguard Group is on track to beat BlackRock Inc in attracting ETF flows for the first time since 2013, with a record of US$194bil so far in 2020, according to data compiled by Bloomberg.
NEW YORK: There’s a new champion in the battle for bragging rights atop the US$5.3 trillion exchange-traded fund industry, while a familiar laggard is seeing its slice of the US market shrink toward a record low.
Vanguard Group is on track to beat BlackRock Inc in attracting ETF flows for the first time since 2013, with a record of US$194bil so far in 2020, according to data compiled by Bloomberg.
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