The senior appointment of Kim Tracey comes following a twenty-year career of investment experience, most recently as investment analyst at Colonial First State Global Asset Management.
Ms Tracey will be responsible for identifying investment opportunities in the healthcare and REIT sectors for the firms $2 billion equity strategy and will report to team head of research Ryan Martyn.
The team itself is led by Randal Jenneke who said Ms Tracey’s experience was a terrific complement to the team and reflected the company’s strong commitment to fundamental research.
“The seniority of this hire is a testament to T. Rowe Price’s long-term commitment to deepening its investment capability in Australia and globally.
“We are excited about the value our expanded team will add as we seize the investment opportunities that higher market volatility creates,” he said.
Mr Jenneke said the team now had seven members which was also supported by a smaller dealing desk.
“The addition of Kim increases the Australian equity team to 7 dedicated investors, which is also supported by a four-person local dealing desk.”
“Our investors will benefit from our ability to combine local insights with global perspectives, our high conviction approach focused on quality growth investing, combined with our rigorous risk management framework,” he said.
