Jack Bogle, John Bogle, Vanguard Group, ETF, ETFs, Passive investing, active vs passive, Fund flows, indexing, index funds, actively managed funds, outperform the market, smart investing, valuewalk, AUM, assets under management, passive vehicles, exchange traded funds, ETPs, asset managers

$23 Trillion Asia Wealth Creation Will Fuel Asset Management Industry Growth

Despite uncertainty regarding the country's position in the world after Brexit, the one part of the UK economy that's still booming is financial management.

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Total assets under management in the UK rocketed by 20% last year to a record £6.9 trillion ($9 trillion), according to the Investment Association annual Asset Management Survey. The bulk of this growth was a direct result of Brexit. The . . .

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