Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at

Vanguard CIO Sauter brings curtain down on 25-year career

by Rhea Johnson on Jun 25, 2012 at 10:46

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 here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Long time coming: is the recovery here to stay?

Ian McVeigh and Steve Davies, managers of Jupiter's UK Growth fund, talk about their predictions for the UK equity space. Click here to watch a series of sponsored interviews with Jupiter's fund managers on the UK equity market.

Today's top headlines

More about this:


On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet