Wu joins T. Rowe Price from Macquarie Investment Management where he focused on Australian large and small cap stocks as an equity investment analyst. His position reports to Ryan Martyn who, following seven years working as an investment analyst with the firm, has been promoted to the role of Head of Research.

The team, which has grown steadily under the leadership of T. Rowe Price Head of Australian Equities, Randal Jenneke, now comprises six investors with recruitment underway for another senior analyst.

Mr Jenneke said the internal promotion of Martyn, the appointment of Wu and additional recruitment plans reflected the firm’s commitment to deepening its investment capability for investors with astute analysts who thrive in a collaborative, research-enabled environment that enriches local views with global perspectives. “We expect that investors seeking risk adjusted returns will increasingly select managers for their ability to source alpha using a global lens, prudent and disciplined risk management and capacity to move quickly,” he said.

“We are tremendously excited and optimistic about the value that our expanded team can bring to Australian investors as they navigate higher levels of volatility and the opportunities this presents.”

T. Rowe Price Head of Relationship Management Australia and New Zealand Murray Brewer said the market support for the Australia Equity Strategy, which surpassed A$2.0 billion¹ in assets under management this week, is largely due to the team’s rigorous, steadfast ability to stay its course and its relentless focus on the creation of long term alpha.

1 As of 22 May 2018. Preliminary data. Subject to adjustment. Includes a Unit Investment Trust and separate accounts.

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