Global investment firm T. Rowe Price has appointed Craig Hurt as its new head of institutional for Australia and New Zealand, effective October 5.
Based in Sydney, Hurt will report to Darren Hall, head of distribution for Australia and New Zealand.
He will be responsible for leading a growing team of institutional sales professionals to service existing clients and develop new relationships with relevant investment solutions.
Hurt spent the past 16 years with AXA Investment Managers where he held the position of country head of Australia and New Zealand since 2007. He has been active in the environmental, social and governance (ESG) investing space for over a decade and has led successful launches of ESG integrated strategies.
T. Rowe Price started its Australian presence in 2004 and has a strong foundation for future growth with a well-balanced business across the intermediary and institutional market.
As the firm's institutional team enters the next phase of growth under Hurt’s leadership, it will focus on engaging with clients across equity, fixed income, multi-asset and retirement solutions, the company says.
