Wright-Casparius Installed in Vanguard’s Fixed-Income Group

Vanguard, headquartered in Valley Forge, Pennsylvania with approximately $1.7 trillion of mutual fund assets under management, has appointed Gemma Wright-Casparius to its Fixed-Income Group as a principal and senior portfolio manager.

Wright-Casparius reports to Kenneth Volpert, principal and head of Vanguard's Taxable Bond Group, and replaces him as co-manager of the $36.8 billion Vanguard Inflation-Protected Securities Fund. Vanguard principal John Hollyer will continue as co-manager of the fund.

Prior to her Vanguard tenure, Wright-Casparius, with more than 30 years' experience in the bond markets, served as a fixed-income portfolio manager and deputy head of global macro research and strategy for a subsidiary of the Government of Singapore sovereign wealth fund. In her role as a portfolio manager, she was responsible for an actively managed global inflation-linked bond portfolio.

Her previous experience also includes working as director, fixed-income research at Barclays Capital, where she developed the firm's US inflation-linked securities strategy, and served as the firm's liaison representative with the board and the Federal Reserve System on the inflation-linked bond market.