New regional chief investment officer for Vanguard
Vanguard fixed income executive Gregory Davis will become the company's chief investment officer (CIO) for the Asia Pacific region in 2013.
Former principal and head of bond indexing in Vanguard's fixed income team, Davis has been with the company for 13 years and currently manages over US$240 billion in bond index portfolios.
He will take over the CIO role, which is headed from Melbourne, from Joe Brennan, who will return to a senior role in Vanguard's investment team in Pennsylvania.
Davis will lead a team of 45 investment specialists overseeing a range of equity and fixed income portfolios for Australian and Asian investors.
The transition is expected to be completed in the first half of 2013 and aligns with Vanguard's global management approach.
Vanguard's incoming global chief investment officer Tim Buckley said Davis has extensive experience in managing more than 25 bond index fund portfolios and 14 exchange-traded funds.
Buckley said Brennan had showed great leadership through the global financial crisis.
Recommended for you
Several wealth management companies have been selected as finalists at the inaugural awards, which champions those who have transformed the Australian economy with their AI solutions.
Money Management’s sister brand Super Review is pleased to reveal that over 120 finalists will compete for trophies at this year’s awards.
The principal partner of this year’s Women in Finance Summit has said organisations that practise inclusivity are more likely to build trust in the community.
Both Schroders and abrdn have appointed new group chief executives to lead their respective firms.