Retiring Vanguard CIO Gus Sauter Looks Back
Now, with his retirement just days away, Sauter can boast of presiding over one of the most profound transformations in the history of finance. For one, Vanguard is now the biggest mutual fund company in the world, with $2.3 trillion in assets under management. More to the point, the ETF—the ultimate indexing vehicle—is the fastest-growing piece of Vanguard’s business, and to hear the mild-mannered Sauter tell the tale to IndexUniverse’s U.S. Editor-in-Chief Drew Voros and Managing Editor Olly Ludwig, his role in fostering the growth of Vanguard’s ETFs stands among his proudest achievements.