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.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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