Vanguard Adds Sprucegrove Investment Management as External Advisor
Vanguard announced Sprucegrove Investment Management Ltd. (Sprucegrove) will be added to the firm's distinguished roster of world-class active management expertise. Effective October 12, 2020, Sprucegrove will join Lazard Asset Management LLC and ARGA Investment Management, LP in overseeing the $9.8 billion Vanguard International Value Fund. Sprucegrove will manage the 35% of the Fund previously overseen by Edinburgh Partners Limited.
"Vanguard has decades of exper...