Schroder Investment Management head of distribution, Murray Brewer, will leave in a couple of months to spearhead US manager T. Rowe Price’s growth ambitions in Australia.
Reporting to Brewer will be Louise Bradshaw, who is returning to Australia to take an assistant vice president role with T. Rowe Price, after directing institutional sales at First State Investments in the UK. Both Brewer and Bradshaw have strong retail backgrounds, and represent a serious effort by the Baltimore-based manager to crack the Australian retail investment market. Ed Brooks, who came to Australia to represent T.Rowe Price after it won a $1.7 billion global equities mandate from QIC (since rescinded), is returning to his home town of Seattle. Meanwhile, the future of Tony Tuohy’s third-party marketing relationship with the manager, concentrated on the wholesale market, is uncertain. Brooks was holidaying at presstime and unavailable for comment.
9 May 2006 00:00
rescinded, seattle, tuohy’s, Retail, holidaying, returning, represent, brooks, murray, presstime, brewer, bradshaw
Investments
Asset managers that underestimate the importance of artificial intelligence to their businesses do so at their own peril, according to Anton Eser, global chief investment officer of Robeco, who thinks that many have less than a year to get across the “most important transformation” the industry has seen since the beginning of the index business more than 25 years ago.
Leave a Comment
You must be logged in to post a comment.