(Bloomberg) -- It's another record for Vanguard Group.

The firm, which has grown to become the world's largest mutual fund manager by offering low-cost investments, attracted $148 billion in new client money during the first six months of 2016, surpassing its previous first-half record of $140 billion set last year, a spokesman said in an e-mail on Tuesday. In June alone, about $30 billion flooded into the firm's mutual funds and exchange-traded products.

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