Gemma Wright-Casparius has joined the Vanguard Group’s Fixed Income Group as a principal and senior portfolio manager.
Wright-Casparius reports to Kenneth E Volpert, principal and head of Vanguard’s Taxable Bond Group, and replaces him as co-manager of the USD36.8 billion Vanguard Inflation-Protected Securities Fund. Vanguard principal John Hollyer will continue as co-manager of the fund.
Prior to Vanguard, Wright-Casparius, who has more than 30 years of experience in the bond markets, served as a fixed income portfolio manager and Deputy Head of Global Macro Research & 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 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 with the Board of Governors and the Federal Reserve System on the inflation-linked bond market.
“We are pleased to welcome an investment professional with Gemma’s talent and experience. She adds significantly to the depth and expertise of our fixed income team,” says Vanguard Chief Investment Officer Gus Sauter.
Wright-Casparius obtained a BBA degree in Economics and Finance and an MBA degree from Bernard M Baruch College of The City University of New York.