T. Rowe Price adds Asian portfolio specialist with global remit

Sam Ruiz
SAMUEL RUIZ
T. Rowe Price International Ltd - Portfolio Specialist
DEPARTURE
Macquarie Asset Management Ltd
MACQUARIE ASSET MANAGEMENT LTD
Date: January 2020
Position: Head of Investment Strategy and Solutions, Asian Listed Equities
APPOINTMENT
T. ROWE PRICE INTERNATIONAL LTD
Date: January 2020
Position: Portfolio Specialist

T. Rowe Price has hired former Macquarie's head of investment strategy for Asian-listed equities, Sam Ruiz, as their first Sydney-based portfolio specialist.

Ruiz will focus on growing the firm's business using local insights and technical experience with equities markets and funds, complementing T. Rowe Price's client product offerings.

In his new role, Ruiz will expand his coverage to Australian and global equities.

Murray Brewer, head of distribution for Australia and New Zealand, said that he's pleased to have someone of Sam's calibre join T. Rowe Price. "Our actively managed equities solutions across Australian, global and emerging markets have provided solid sources of alpha and diversification to local portfolios over the last ten years. It is great to have Sam on board to further our growth with additional local perspective and support.

"We believe that an astute understanding of clients' objectives with the right investment solution can ultimately lead to better investment outcomes. Sam's appointment further reinforces our focus on our clients' long-term investment success," Brewer said.

Ruiz will report to Helen Ford, the regional head of investment specialist group, EMEA & APAC. He sits in the T. Rowe Price investment specialist group, which has more than 70 global team members.

Ruiz has spent the last ten years with Macquarie Asset Management where he held a number of senior roles including head of investment strategy and solution.