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The secrets of Vanguard’s success, interview with Andreas Zingg

In 2017, Vanguard attracted an average inflow of over 1 billion dollars per day, according to Morningstar. These are the largest flows we’ve ever seen in the industry for a single fund family. Andreas Zingg, head of ETF distribution management for continental Europe, Vanguard, shares with RFS the secrets of Vanguard’s success. Redesigning Financial Services (RFS): Costs for many financial products have come down over the last few decades. How do Vanguard’s costs compare to those of other asset managers? Andreas Zingg (AZ): That’s right. At Vanguard,