Kim Tracey

Global Investment Firm, T. Rowe Price has further expanded its Australian equity team with the senior appointment of Kim Tracey as an investment analyst. The Sydney based investment team is led by Randal Jenneke, portfolio manager and Head of Australian Equities. 

Tracey will be responsible for identifying investment opportunities in the Healthcare and REIT sectors for the firm’s A$2 billion Australian Equity Strategy. She will report to the team’s Head of Research, Ryan Martyn. 

Tracey has more than 20 years of investment experience across the healthcare, consumer, industrials and real estate sectors globally. Most recently, she was a portfolio manager and investment analyst at Colonial First State Global Asset Management (CFSGAM), covering the Australian Healthcare and REIT sectors. Prior to CFSGAM, she was a portfolio manager and investment analyst at Five Oceans Asset Management, where she invested globally. Tracey has also worked as a senior analyst at Merrill Lynch Investment Management and Bankers Trust / Principal Global Investors.

“Kim’s experience, skillset and capability are a terrific complement to our team. Her appointment reflects our strong commitment to deep insightful proprietary fundamental research,” Jenneke said. “The addition of Kim increases the Australian equity team to 7 dedicated investors, which is also supported by a four-person local dealing desk.”

“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. 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.”

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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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