BOSTON (AP) — Tim Buckley may be today's most influential fund industry leader, measured by his impact on how Americans' retirement funds are invested.
In January, he became chief investment officer at Vanguard, the largest mutual fund company ranked by assets. Buckley reports to CEO William McNabb, but has a bigger impact on investment policy. He oversees about $2 trillion in Vanguard's stock, bond and money-market funds.
Buckley, 43, joined the Valley Forge, Pa.-based company in 1991 as assistant to Vanguard's chairman at the time, John Bogle, the index mutual fund pioneer who founded the company. Buckley led the Vanguard unit specializing in products for individual investors before being promoted this year. He's just the second CIO in Vanguard's nearly four-decade history. His predecessor, George "Gus" Sauter, became the first CIO in 2003.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
