T. Rowe Price expands Australian equity team

Global investment manager T. Rowe Price has announced the appointment of Kim Tracey as an investment analyst within the firm's Sydney-based Australian equity team, effective April 2019.

In this role, Tracey will be responsible for identifying investment opportunities in the healthcare and REIT sectors and will report to the team's head of research, Ryan Martyn.

Tracey has more than 20 years' 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.

Commenting on her appointment, portfolio manager and head of Australian equities Randal Jenneke said: "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."

He added: "The addition of Kim increases the Australian equity team to seven dedicated investors, which is also supported by a four-person local dealing desk."