Hyderabad, March 31 -- Vanguard, an investment management company, announced on Monday its decision to establish its first Global Capability Centre (GCC) in Hyderabad, Telangana, after a discussion with Chief Minister Revanth Reddy.

According to the Chief Minister's Office, the Vanguard Centre will employ 2,300 employees in the next four years.

"Vanguard, which operates under a unique, investor-owned structure, manages global assets worth approximately USD 10 trillion and serves more than 50 million investors, will formally open its Hyderabad office later this year, and will employ 2,300 members over the next four years," read the statement from CMO.

The senior delegation from the company, led by its Chief Executive Officer (CEO) Salim...