Fund Executives Association Ltd (FEAL) and global asset manager T. Rowe Price have launched a National Resilience Program to foster sustainable leadership within the funds management industry.

FEAL CEO Joanna Davison said the initiative, proposed and sponsored by T. Rowe Price, aims to empower members with skills and insights to operate as resilient leaders in a challenging industry.

“The increasing incidence of stress in our lives affects our ability to perform on a sustainable basis,” Ms Davison said.

“Executives in super funds have had an unprecedented level of change thrust upon them in recent years including regulatory change, fee pressures and volatile market conditions; the list goes on and it’s not slowing down.

“At FEAL we don’t just focus on professional development, we also want to help members lead healthier, happier and more resilient lives, so together with T. Rowe Price, we’ve sought a way to address these very important issues and support at a personal, organisational and industry level.”

The Program will comprise keynotes at FEAL events, workshops, online materials and a Resilience Scholarship awarded to the fund that has shown most commitment to learning and personal growth within its organisation. The leadership team of the winning fund will receive a full day workshop on resilient leadership led by internationally acclaimed mental resilience expert and author Kamal Sarma, also CEO of strategic leadership development firm Rezilium, the Program’s facilitator.

Mr Sarma draws on his diverse education, corporate experiences and personal journey to inspire greater resilience and leadership in people. He will work closely with Murray Brewer, T. Rowe Price Head of Relationship Management in Australia and New Zealand, to execute the program.

“The business of investing is long-term with many ups and downs along the way, so we are delighted to share our experiences working with Kamal for the benefit of the industry.

“Investors place enormous trust in their superannuation funds and expect those who are responsible for them to perform resiliently over the long term, so it is vital we embrace the tools and insights that best equip us to stay the course and deliver best possible outcomes and experiences.”

The post FEAL and T. Rowe Price Launch Personal Resilience Program For Members appeared first on AdviserVoice.

Scott Berg, currently the portfolio manager for the T. Rowe Price’s Global Large Cap Equity Strategy, will succeed Mr Gensler as the portfolio manager for the Global Equity Fund for Australian investors. David Eiswert is taking over Mr Gensler’s responsibilities to the fund in other regions. 

van Eyk’s high ratings on both funds will not change as a result of these developments. We have a high regard for Mr Berg and note that he continues to be supported by a very capable and experienced team of over 100 equities analysts worldwide.

The post Rob Gensler to retire from T.Rowe Price – fund ratings unaffected appeared first on AdviserVoice.