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Vanguard bolsters headcount in Europe as profit grows 13%

Growth of UK platform helps boost asset management giant's coffers

Sean Hagerty is spearheading a push into Europe for the US behemoth
Sean Hagerty is spearheading a push into Europe for the US behemoth

US fund giant Vanguard added almost a hundred new staff to its European workforce last year amid an uptick in revenue and profit across the firm.

Vanguard Asset Services, which includes the asset manager's businesses in the UK, Ireland, France, the Netherlands, Germany and Switzerland, increased headcount by 86 in 2022 — bringing staff numbers to 877.

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