Only at Vanguard
] can you manage $800 billion without being famous at your own company.
| Gerry O'Reilly|
Principal, Portfolio Manager
Ben Steverman of Bloomberg interviews Gerry O'Reilly
, age 52, and also offers a glimpse into what portfolio management and trading are like for a passive investment management team. O'Reilly PMs the $450-billion Vanguard Total Stock Market Index Fund
, the biggest mutual fund in the world, in addition to 17 other funds.
Others who chimed in for the piece include: Joe Brennan
, head of Vanguard's equity index group; Ryan Ludt
, co-head of U.S. equity trading at Vanguard; and Brian Bruce
, CEO of Hillcrest Asset Management
Among other interesting tidbits, the Bloomberg
article reveals that "Vanguard doesn't separate the jobs of portfolio manager and trader." And O'Reilly reportedly says that it's "a good thing" that he, in Bloomberg's
words, "barely attracts attention" on the Vanguard campus in Malvern, Pennsylvania.
Neil Anderson, Managing Editor
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