Vanguard's head of equity investment resigns

Thu Jan 3, 2013 8:53am EST

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Jan 3 (Reuters) - Vanguard Group, the No. 1 mutual fund company, said on Thursday that Sandip Bhagat, the head of its equity investment group, has resigned.

No reason was given. The announcement was contained in a supplement to a prospectus filed with the U.S. Securities and Exchange Commission.

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A tourist takes a plunge as she swims at Ngapali Beach, a popular tourist site, in the Thandwe township of the Rakhine state, October 6, 2013. Picture taken October 6, 2013. REUTERS/Soe Zeya Tun (MYANMAR - Tags: SOCIETY) - RTR3FOI0

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