T. Rowe Price has further expanded its Australian equities capability with a new appointment, while plans to hire another three equity analysts for its Sydney office are already underway.
The company has appointed Viral Patel, formerly a research analyst with Alliance Bernstein’s Sydney office, to the newly created role of associate director of research for Australia.
Patel will report to portfolio manager, Randal Jenneke, who was hired last June with the task of piecing together the equity investment management and research team.
The company stated that enhancing its local investment capability would enable it to launch a differentiated Australian strategy for local and regional investors.
