Nick Vidale joins as an investment analyst, bringing more than 20 years of investment experience across the financials, industrials and consumer sectors in Australia and Asia. He is responsible for identifying investment opportunities in the financial sector for the firm’s A$1.5 billion Australian Equity Strategy, reporting 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, who leads the firm’s Australian investment team. The team comprises seven investment professionals and has dedicated research coverage across various sectors 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,” Jenneke added.

Most recently, Vidale was a senior equities analyst at Perpetual, covering the Australian banks, diversified financials, property developers, gaming and industrials sectors. Prior to Perpetual, Vidale was a portfolio manager at GLG Partners in Hong Kong covering Asian financials.

David de Ferranti joins as a portfolio analyst in T. Rowe Price’s Investment Specialist Group (ISG), a team within the investment division dedicated to handling the flow of information between clients and portfolio managers, and reports to Nick Beecroft, Hong Kong-based Head of ISG, Asia Pacific.

In this newly created role for the Sydney office, de Ferranti works alongside the firm’s local and global equity investment teams to provide Australian and New Zealand clients timely market and product insights, while allowing portfolio managers to focus on delivering performance. He joins from Pendal Investment Management.

T. Rowe Price currently offers a global range of investment strategies offered to institutional clients in Australia and New Zealand as well as five Australian Unit Trust funds to retail and advisor-directed investors in Australia. The T. Rowe Price Australian Equity Fund and the T. Rowe Price Australian Equity SMA were both rated “Highly Recommended” by investment management research house Lonsec in 2020.

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