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Vanguard set to capture fund flows crown for third straight year

Monday, 16 Dec 2013 | 2:38 PM ET

Dec 16 (Reuters) - Vanguard Group, the top U.S. mutual fund company, is poised to capture the most fund flows for a third straight year, according to Morningstar Inc.

Through the end of November, Vanguard funds had captured $65.3 billion in fund flows, Morningstar said.

Dimensional Fund Advisors was a distant second with $21 billion.

"Strong inflows into international equity and taxable-bond funds have allowed (Dimensional) to increase market share in both of those category groups," Morningstar said in its report.

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