Equity Trustees partners with T. Rowe Price as Responsible Entity for New T. Rowe Price Global Structured Research Equity Fund in Australia

Andrew Godfrey

Equity Trustees has been appointed Responsible Entity for the newly launched T. Rowe Price Global Structured Research Equity Fund in Australia, continuing a long-standing partnership that has seen more than 10 funds established over 18 years.

T. Rowe Price introduced its Global Structured Research Equity Strategy to the Australian market available either as a hedged or an unhedged exposure to offer a differentiated global equities solution. The actively managed strategy harnesses the stock-selection skills of the firm’s renowned global research platform to provide Australian investors with diversified exposure to the core segment of the global equity market.

Leveraging the insights of the T. Rowe Price’s 70 experienced global equity analysts, the strategy aims to offer a low tracking error alternative to passive equity allocations, providing benchmark-like volatility and risk characteristics with the added opportunity for long-term capital appreciation. With a diversified portfolio of 750 to 1,000 stocks, it seeks to consistently perform across different market environments with less exposure to extreme style or sector leadership changes.

Andrew Godfrey, Executive General Manager of Corporate and Superannuation Trustee Services at Equity Trustees, said: “We are proud to support the launch of the T. Rowe Price Global Structured Research Strategy as Responsible Entity in Australia. This is a sophisticated fund structure, and we are pleased to bring our experience and oversight to a global manager that shares our commitment to long-term outcomes for investors.”

Darren Hall, Head of Australia and New Zealand at T. Rowe Price, said: “We value the role that Equity Trustees plays in helping us deliver high-quality, institutionally robust fund structures to the Australian market. Their expertise in administrating complex structures and ensuring governance rigour allows us to focus on what we do best, delivering long-term value through active management.”