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Business

Mutual funds

Vanguard executive shares outlook, and fears about bonds

The name George ‘‘Gus’’ Sauter may not ring a bell for most investors. But it probably should, because Sauter may very well have influenced how their retirement funds are invested.

As Vanguard’s chief investment officer, Sauter has been instrumental in guiding the company to become the largest mutual fund provider and one of the industry’s fastest-growing firms, despite its size.

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