T. Rowe Price has bolstered its Australian equities investment capability with a senior Sydney-based appointment.
Nick Vidale joins T. Rowe Price as an investment analyst, with responsibility for identifying investment opportunities in the financial sector for the firm’s Australian Equity Strategy. He will report to the team’s head of research, Ryan Martyn.
“The seniority of this hire underscores our commitment to delivering performance through a high conviction approach backed by rigorous research,” said Randal Jenneke, portfolio manager and head of Australian equities.
“Nick’s extensive investment experience and financials sector coverage are a great complement to our growing team. His appointment is another key step in our continued build-out of greater depth in Australian equities. We are excited about the value our expanded team will add as we seize the investment opportunities in a post-COVID environment,” Mr Jenneke added.
Mr Vidale brings to the table 20 years of investment experience across the financial, industrial and consumer sectors in Australia and Asia. Most recently he was a senior equities analyst at Perpetual, covering the Australian banks, diversified financials, property developers, gaming and industrial sectors. He has also been a portfolio manager at GLG Partners in Hong Kong covering Asian financials.
David de Ferranti has also joined as a portfolio analyst in T. Rowe Price’s Investment Specialist Group (ISG). He reports to Nick Beecroft, Hong Kong-based head of ISG APAC.