Equity Trustees partners with T. Rowe Price as Responsible Entity for New T. Rowe Price Global Structured Research Equity Fund in Australia
Equity Trustees has been appointed Responsible Entity for the newly launched T. Rowe Price Global Structured Research Equity Fund in Australia, continuing a long-standing partnership that has seen more than 10 funds established over 18 years.
T. Rowe Price introduced its Global Structured Research Equity Strategy to the Australian market available either as a hedged or an unhedged exposure to offer a differentiated global equities solution. The actively managed strategy harnesses the stock-selection skills of the firm’s renowned global research platform to provide Australian investors with diversified exposure to the core segment of the global equity market.
Leveraging the insights of the T. Rowe Price’s 70 experienced global equity analysts, the strategy aims to offer a low tracking error alternative to passive equity allocations, providing benchmark-like volatility and risk characteristics with the added opportunity for long-term capital appreciation. With a diversified portfolio of 750 to 1,000 stocks, it seeks to consistently perform across different market environments with less exposure to extreme style or sector leadership changes.
Andrew Godfrey, Executive General Manager of Corporate and Superannuation Trustee Services at Equity Trustees, said: “We are proud to support the launch of the T. Rowe Price Global Structured Research Strategy as Responsible Entity in Australia. This is a sophisticated fund structure, and we are pleased to bring our experience and oversight to a global manager that shares our commitment to long-term outcomes for investors.”
Darren Hall, Head of Australia and New Zealand at T. Rowe Price, said: “We value the role that Equity Trustees plays in helping us deliver high-quality, institutionally robust fund structures to the Australian market. Their expertise in administrating complex structures and ensuring governance rigour allows us to focus on what we do best, delivering long-term value through active management.”
T. Rowe Price is a leading global active investment manager with US$1.68 trillion (A$2.58tr) in assets under management[1]. The Global Structured Research Equity Strategy newly introduced in Australia complements the firm’s existing suite of global equity solutions and is part of T. Rowe Price’s broader suite of Structured Research Equity strategies that collectively manage more than US$88 billion globally[2]. The firm’s Structured Research Equity portfolio managers bring an average of 24 years of investment experience, further strengthening the Strategy’s foundation
Andrew Godfrey concluded: “Our longstanding partnership with T. Rowe Price reflects a shared commitment to robust governance, disciplined risk management, and delivering operational excellence for investors.”
[1] Firmwide AUM includes assets managed by T. Rowe Price Associates, Inc. and its investment advisory affiliates. Preliminary data. Subject to adjustment.
[2] As of 31 December 2024. The combined Structured Research Equity strategies assets managed by T. Rowe Price Associates, Inc. and its investment advisory affiliates.________________________________________
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Equity Trustees is the brand name of EQT Holdings Limited (ABN 22 607 797 615) and its subsidiary companies, publicly listed company on the Australian Securities Exchange (ASX: EQT) with offices in Melbourne, Sydney, Brisbane, Adelaide, and Perth.
Equity Trustees was established in 1888 for the purpose of providing independent and impartial Trustee and Executor services to help families throughout Australia protect their wealth. As Australia’s leading specialist trustee company, we offer a diverse range of services to individuals, families and corporate clients including asset management, estate planning, philanthropic services as well as Responsible Entity (RE) and Custodian services for external Fund Managers.