T. Rowe Price makes institutional appointment
Fund manager T. Rowe Price has moved to extend its capabilities in the institutional space in Australia and New Zealand via the appointment of a senior institutional sales and relationship manager.
The company announced that it had appointed former Western Asset Management and Wellington Management staffer, David Frazer to drive its institutional business development.
He will manage client and consultant relations across all asset classes, drawing on his 21 years in investment markets.
Commenting on the appointment, T. Rowe Price head of relationship management for Australia and New Zealand, Murray Brewer said the senior appointment followed on from the successes achieved via the group's comprehensive offering of equities and fixed income solutions in Australia.
"We've seen strong Australian equities inflows this year, increased investment in emerging markets and global equities, and a growing appetite for bespoke fixed income solutions," he said.
"David's breadth of market knowledge strongly augments T. Rowe Price's partnership approach with clients to build solutions across the full investment spectrum to support objectives."
Recommended for you
ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice.
The number of active advisers on the HUB24 platform has risen to more than 5,200, helping it see quarterly inflows of $5.2 billion.
ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments.
CFS has formed a strategic partnership with the University of Sydney to support the responsible development of AI solutions in the wealth management sector.
