Vanguard's net inflows halve in 2022 - reports

According to a report by the Financial Times the asset manager's inflows dropped to $151bn for the calendar year, down from $299.4bn. The second biggest asset manager in the world, Vanguard is widely known for his passive portfolio offerings. BlackRock and Vanguard: Clash of the ETF Titans According to the report, more than half of the firm's total assets are invested in tracker funds, which follow indices such as the FTSE 100, MSCI ACWI or S&P 500. The widespread downturn in equity markets last year hurt much of the passive and actively managed portfolios, as they were also hit...