Vanguard triumphs over rivals in 2024 Australia ETF sales

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Financial Times 15h ago

Vanguard triumphs over rivals in 2024 Australia ETF sales - Financial Times

Quick Summary:

Flows to Vanguard vehicles more than doubled helping it to account for 31% of the total flows of A$30.

Vanguard was the biggest beneficiary of this growth as it took in A$9.5bn in net new money between January and December, representing around 31 per cent of total industry flows.

Australia’s ETF sector enjoyed another year of massive growth in 2024 as net new money reached A$30.