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T Rowe Price Builds Australian Network With New Equities Unit

Vanessa Doctor

27 July 2010

T Rowe Price has hired Randal Jenneke to head its new equities division in Australia.

Jenneke joins from Schroder Investment Management, where he was a senior portfolio manager. The opening of T Rowe Price's first equities unit in the country is expected to leverage off the firm's research network in the Australian market and provide an Australian equities product to local investors.

The firm has said it is currently in the process of hiring four analysts to serve under Jenneke.