Vanguard saw nearly $200bn of net inflows this year, benefitting from a continued boom in ETF assets.
The passives house saw inflows of $24.8bn in August, meaning it has attracted $198.3bn of net inflows so far this year.
The flows mean the company is on track to beat last year’s record inflows, which stood at $236.1bn. The company now has $3.8trn of assets, making it the second largest asset manager in the world.
Earlier this year Vanguard launched its first UK-domiciled actively managed funds, including an income fund, emerging markets equities fund and a balanced fund.