Updated Saturday, July 26, 2014 as of 5:13 AM ET
Portfolio - Mutual Funds
Vanguard Trumps J.P. Morgan's Inflow Record
by: Hung Tran
Thursday, December 20, 2012
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Bill McNabb, chief executive officer of theVanguard Group, has 130 billion reasons to smile this holiday season. Thatís $130.4 billion to be more precise.

Vanguard Group yesterday said it eclipsed the industryís single-year record for asset inflows in 2012, taking in $130.4 billion in net cash inflow through November 2012. According to a press release, the firm said it outpaced the record held byJ.P. Morgan Chasein 2008 of $129.6 billion, citing data fromStrategic Insight.

According to the firm, it experienced $72.3 billion of inflows into its equity funds, $6.3 billion in balanced funds, $54.4 billion in bond funds, and outflows of just over $2.5 billion in money market funds. It also saw $46.4 billion of assets flow into its ETFs.

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