|
|
|
windsor and capital value shakeup
richardlorenz
06-23-2008, 2:01 PM | Post #2531636
|
| 0 |
  |
|
Press Release Source: Vanguard
Vanguard Announces New Manager Appointments for Two Value Funds
Monday June 23, 2:00 pm ET
VALLEY FORGE, Pa.--(BUSINESS WIRE)--New portfolio managers have been appointed to two Vanguard® value funds.
James N. Mordy, senior vice president and partner of Wellington Management Company, LLP, has assumed portfolio management responsibilities for Vanguard Windsor™ Fund. Wellington Management, which has advised the fund since its inception in 1958, oversees nearly two-thirds of the fund’s $19.2 billion in net assets. Approximately one-third of the fund’s assets are managed by AllianceBernstein L.P., which has co-advised the fund since 1999.
Peter I. Higgins, CFA, senior vice president and partner of Wellington Management, is now serving as portfolio manager for the $490 million Vanguard Capital Value Fund. Wellington Management has served as the sole advisor to the fund since its introduction in 2001.
The Windsor and Capital Value Funds had been managed by David R. Fassnacht, CFA, senior vice president and partner of Wellington Management, since June 2004.
Topics
net assets
portfolio management
portfolio manager
Vanguard Windsor
View Complete Thread
|
|
|
