Investment management firm PGIM has appointed Murray Brewer as head of institutional relationship group for Australia and New Zealand.
Effective 1 March, Brewer would be responsible for leading the firm’s growth plans in the region and continued expansion of its institutional client base from fixed income, equity, quantitative investing and real estate to alternatives.
He would report to Philip Hsin, head of IRG Asia Pacific (ex-Japan).
“Murray brings more than 30 years of experience in the investment management industry in Australia, where he’s built an impressive track record and developed a range of longstanding relationships with both investors and asset consultants,” said Hsin on the appointment.
“As we continue to fuel growth and strengthen our institutional client network in the region, Murray will be a strong representative of our brand and our commitment to delivering superior long-term investment outcome for our clients.”
Prior to joining PGIM, Brewer had been country head of Australia for Capital Group.
He also spent 14 years as country head of distribution for Australia and New Zealand for T. Rowe Price, where he played an instrumental role in building its institutional and intermediary businesses and significantly growing its AUM.
He had also held the role of director and head of distribution for Australia at Schroders Investment Management and previously worked at AMP Asset Management, Lloyds Bank, and Westpac Financial Services.
“The opportunity for PGIM in the region is enormous. As our clients are building high-caliber in-house investment teams, I look forward to working closely with them to tackle their portfolio challenges,” said Brewer.
“With a very uncertain period for markets, asset owners in the region are facing unprecedented investment challenges.
“We will further build upon PGIM’s institutional asset management strengths and its high-conviction investment capabilities to help our clients make informed asset allocation decisions.”
In this role, Brewer would join PGIM’s 24-person strong team in Australia, which expanded last year into the wholesale and private wealth markets with the appointment of Benjamin Price as head of Australia Wealth.
It would also include debt financing to Australian and New Zealand corporations through PGIM Private Capital and real estate private equity and debt through PGIM Real Estate.
