Sad to report.
At Vanguard, the world’s second-largest money manager, the unit that Vanstone oversaw is responsible for the company’s European pension-fund clients and other large investors, according to the statement. The division accounts for a substantial portion of the $90 billion Vanguard manages in the region, according to spokeswoman Caroline Hancock. The group operates from offices in London, Paris, Amsterdam and Zurich.
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