POWERED BY MOMENTUM MEDIA
T. Rowe Price looks to grow Aussie equities further
T. Rowe Price has recruited Viral Patel for a new role in the company’s Australian equities team, while plans are already underway to hire another three equity analysts for the Sydney office.
Patel, who was a research analyst with Alliance Bernstein's Sydney office, has been appointed to the new role of associate director of research for Australia.
He 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.
AUTHOR
Ashleigh McIntyre
Recommended for you
Australia’s largest superannuation fund has confirmed all members who had funds stolen during the recent cyber fraud crime have been reimbursed.
As institutional investors grapple with shifting sentiment towards US equities and fresh uncertainty surrounding tariffs, Australia’s Aware Super is sticking to a disciplined, diversified playbook.
Market volatility continued to weigh on fund returns last month, with persistent uncertainty making it difficult to pinpoint how returns will fare in April.
The Association of Superannuation Funds of Australia (ASFA) has called for the incoming government to prioritise “certainty and stability” when it comes to super policy.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
90.28 3 y p.a(%)
2
GAM LSA Private Shares AU I
37.08 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.44 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.12 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
28.28 3 y p.a(%)
