Wealth Manager - the site for professional investment managers

Register to get unlimited access to 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!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Taxicab Tenner: AXA IM's Nicolas Trindade

Taxicab Tenner: AXA IM's Nicolas Trindade

After a summer break, it is the turn of AXA Investment Manager's Nicolas Trindade to give a £10 view of how fixed income is faring.

Play Wealth Manager Olympics: the Relay

Wealth Manager Olympics: the Relay

In the final round of the Wealth Manager Olympics, our intrepid athletes team up for the relay.

Play Wealth Manager Olympics: the Shot Put

Wealth Manager Olympics: the Shot Put

After busting a gut in the 100m sprint, our wealth manager Olympians displayed their brute strength in the shot-put.

Read More
Your Business: Cover Star Club

Profile: gearing up for the shift from consolidation to start-ups

Profile: gearing up for the shift from consolidation to start-ups

‘I think the industry is evolving rapidly, but not necessarily as a whole,’ says the head of recently launched Charles Nicholson AM

Wealth Manager on Twitter