• subs-bellGet the latest news! Subscribe to the ifa bulletin

Vanguard names Asia-Pac head of investments

Vanguard has appointed a new Asia-Pacific head of investments, to be based in Melbourne, following the announcement that Gregory Davis will return to the US.

The global indexing firm announced that Rodney Comegy will relocate from Vanguard’s headquarters in Malvern, Pennsylvania to Melbourne in order take up the role.

Mr Comegy was previously head of index analysis and ETF trading in Vanguard’s Pennsylvania office.

His new role based in Australia will also see him head Vanguard’s equity investment group for the Asia Pacific.

Mr Davis, the previous head of investments, Asia Pacific, will be returning to the United States to serve as global head of Vanguard’s fixed income group.

Vanguard chief investment officer Tim Buckley said the group’s investment management business has undergone a number of changes in recent years.

“Our appointment of [Mr Comegy] reflects our adoption of a global strategy that aligns and integrates our investment functions worldwide,” he said.

“As a result, Vanguard will be better able to leverage its significant resources and deliver the best possible outcomes for investors.”