Sara Devereux, who currently serves as global head of rates at Vanguard, will become global head of the fund company’s fixed-income group at the end of June.
She will succeed John Hollyer, who is retiring. Hollyer has held the post since 2017.
Devereux joined Vanguard in 2019 from Goldman Sachs, where she spent two decades specializing in mortgage-backed securities and structured products.
Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.
Reshuffle provides strong indication of where the regulator's priorities now lie.
Goldman Sachs Asset Management report reveals sharpened focus on annuities.
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Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.
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