Ivy Variable Insurance Portfolios has made significant updates to its portfolio management team, a move that could reshape its investment strategies. This change comes as the company aims to enhance its offerings and adapt to the evolving market landscape.

As outlined in their recent SEC filing, dated October 29, 2026, the company has replaced the existing information in the portfolio manager section of each Fund’s and Series’ Prospectus. The new management team includes Charles John, CFA, and Charles (Trey) Schorgl, CFA, who will be responsible for the day-to-day management of the Nomura Global Growth Fund and the Nomura International Core Equity Fund.

Background

Ivy Variable Insurance Portfolios, a Delaware-based investment entity, focuses on providing variable insurance portfolios. The company is known for its commitment to delivering quality investment options to its clients. The recent filing is part of their ongoing efforts to keep investors informed about changes that may affect their investments.

What the Filing Says

The filing states, "Effective immediately, the changes set forth below will take place." It highlights the new portfolio managers, Charles John and Charles (Trey) Schorgl, who have been appointed to manage the Funds and Series. John has been with the Delaware Management Company since November 2021, while Schorgl joined in July 2023.

Impact

This update is likely to impact investors in the Nomura Global Growth Fund and the Nomura International Core Equity Fund, as well as those invested in the Nomura VIP Global Growth Series and Nomura VIP International Core Equity Series. The changes may also influence how competitors approach their investment strategies, as Ivy's new management team brings fresh perspectives to the table.

What's Next

The filing does not say what happens next.