Nick Blake, head of personal investing at Vanguard, is to leave the low-cost asset manager after a decade with the Pennsylvania-headquartered firm.

Blake joined Vanguard in 2009 at the time of the US asset manager’s entry into the UK. He oversaw the roll-out of Vanguard’s first index and exchange traded funds in the UK as well as its retail investment platform, which was launched to much fanfare in May 2017.