2 Aug 2010
T. Rowe Price has announced that it is adding equity investment management and research capabilities in its Sydney office to enhance local coverage of Australian equities. The firm has hired Randal Jenneke, an Australian investments industry veteran, to oversee and build its local Australian equity team in the coming months with the hiring of additional analysts.
Jenneke, with 17 years of finance and investment experience, joins T. Rowe Price from Schroder Investment Management. Mr. Jenneke joined Schroders in 2001. Most recently he was a senior portfolio manager for domestic Australian portfolios and, before that, served as Schroders' head of research for Australian equities. .
"T. Rowe Price has long identified Australia as an important strategic market for the firm. We currently have a strong distribution team in Sydney that offers our global investment expertise to Australian and New Zealand investors. Now is the right time to extend our investment presence to enhance and leverage the T. Rowe Price global research platform locally," said Chris Alderson, chief executive officer of T. Rowe Price International.
Jenneke, with 17 years of finance and investment experience, joins T. Rowe Price from Schroder Investment Management. Mr. Jenneke joined Schroders in 2001. Most recently he was a senior portfolio manager for domestic Australian portfolios and, before that, served as Schroders' head of research for Australian equities. .
