Vanguard Australia makes changes to investment team

vanguard/appointment/

29 May 2017
| By Oksana Patron |
image
image
expand image

Vanguard Investments Australia has announced a number of changes to its investment management team, with current head of investments for the Asia Pacific region, Rodney Comegys being relocated to the company’s US headquarters.

His role would be filled by Daniel Reyes, current head of advised portfolio solutions within Vanguard’s investment strategy group in the US, and the transition was expected to close by September and October.

Reyes first joined Vanguard in 2004 and held a number of roles across the company’s institutional advisory services, the fixed income portfolio management group, human resources, and the retail division.

In his new role, he would also lead the Investment Strategy Group (ISG) for the region.

On the other hand, Comegys would also be expected to return to a senior role with Vanguard’s Investment Management Group however the details would be announced closer to his return to the US.

Vanguard has also appointed Jeffrey Johnson, who currently leads the regional ISG team, as its new head of fixed income. Johnson would be in charge of 13 portfolio management professionals that together oversee over $28 billion in bond and cash portfolios.

He would also replace Stephen Howard, the current head of fixed income, who decided to leave Vanguard to pursue other opportunities. 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 days 9 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

4 days 13 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3