Welcome to our new website! Let us know what you think..

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Vanguard CIO Sauter brings curtain down on 25-year career

Vanguard CIO Sauter brings curtain down on 25-year career

Vanguard’s managing director and chief investment officer George Sauter has announced his plans to retire from his position after a 25-year career.

Sauter, 57, joined Vanguard as head of the firm’s internal equity management group in October 1987 and was named Vanguard’s first chief investment officer in 2003.

He currently directs Vanguard’s global investment management groups, which oversee aggregate assets of $1.6 trillion (£1.03 trillion) of Vanguard’s $2.1 trillion in global assets.

Upon joining, he assumed responsibility for the equity index management function, where he developed new trading programs and strategies that minimised trading costs and enhanced benchmark tracking precision and was also responsible for developing Vanguard’s active quantitative equity strategies.

Following his appointment as first chief investment officer in 2003, he assumed oversight responsibility for all in-house stock and fixed income management functions.

Mortimer Buckley, managing director, will assume the role of chief investment officer upon Sauter’s retirement, effective 31 December 2012.
Leave a comment
Citywire TV
Play Gervais Williams: the real reason to worry about Quindell

Gervais Williams: the real reason to worry about Quindell

Citywire AA-rated manager Gervais Williams has argued that sentiment is the true danger to Quindell.

Play AA-rated Lofthouse: 'maverick' tobacco settlements won't stop M&A

AA-rated Lofthouse: 'maverick' tobacco settlements won't stop M&A

Henderson International Income trust manager Ben Lofthouse shares his thoughts on recent developments in the tobacco sector in this video.

1 Play Renewable energy: what I found on my solar farm trip

Renewable energy: what I found on my solar farm trip

Renewable energy is attracting a lot of investor interest, so I headed to the UK's largest solar farm to find out more.

Your Business: Cover Star Club

Profile: Quilter Cheviot boss Baines sees more consolidation ahead

Profile: Quilter Cheviot boss Baines sees more consolidation ahead

Nineteen months on from the merger of Quilter Cheviot chief executive Martin Baines says the deal is now paying dividends.

Wealth Manager on Twitter