Vanguard, the U.S.-based global indexing firm, recently announced the appointment of a new head of investments for the Asia-Pacific region. Rodney Comegy, who previously served as head of index analysis and ETF trading in Vanguard’s Pennsylvania office, will be replacing Gregory Davis in Melbourne. Through his new role, Comegy will also be heading the company’s equity investment group Asia Pacific.
Tim Buckley, chief investment officer at Vanguard, explained that the firm’s investment management business has undergone several changes over the past few years.
“Our appointment of Mr. Comegy reflects our adoption of a global strategy that aligns and integrates our investment functions worldwide,” Buckley explained. “As a result, Vanguard will be better able to leverage its significant resources and deliver the best possible outcomes for investors.”
Gregory Davis, who previously headed the Asia Pacific investment office, will now return to the United States to serve as global head of the company’s fixed income group.