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Vanguard Fund Manager Larry Keele to Retire

Jan 20, 2015 - Business Wire

Vanguard announced today that Larry W. Keele, CFA, manager of the $1.9 billion Vanguard Convertible Securities Fund, will retire on June 30, 2015. Mr. Keele is a principal and co-founder of Oaktree Capital Management, L.P., which has provided investment advisory services to the fund since 1996. He will remain a member of Oaktree's board of directors.

"Larry and his colleagues at Oaktree have delivered strong long-term results for Vanguard shareholders. We wish to thank Larry for his servic...