Veteran Industry Professional Wendy Brodkin Hired to Lead Canadian Efforts,
Open Toronto Office
BALTIMORE, Feb. 22 /PRNewswire-FirstCall/ -- T. Rowe Price, the global
investment management organization, has demonstrated its commitment to the
Canadian institutional marketplace with the appointment of Wendy Brodkin as
director of Canadian business development and client service. Ms. Brodkin
will open a T. Rowe Price office in Toronto and lead its efforts to serve
institutional investors throughout Canada. She begins her duties in late
February.
Prior to joining T. Rowe Price, Ms. Brodkin was practice leader,
investment consulting central Canada with Watson Wyatt Worldwide.
Previously, she was president of Goodman Institutional Investments and
national practice leader, investment consulting with Towers Perrin. Ms.
Brodkin has more than twenty years of experience in the Canadian investment
management industry, having worked in investment consulting, pension fund
investments, and institutional business development.
"We are thoroughly delighted with the recruitment of such a senior,
experienced and highly regarded professional to strengthen and lead our
efforts in Canada," said Flemming Madsen, vice president of T. Rowe Price
(Canada), Inc. "Through her many years of focus on institutional investors,
Wendy has a uniquely attractive combination of in-depth market knowledge
and great insights on pension and investment issues."
"The Canadian market has undergone significant changes in recent years,
and we find that there is good alignment between what clients are looking
for and what T. Rowe Price is able to deliver, hence our desire to expand
our efforts in the market at this time," said Todd Ruppert, head of T. Rowe
Price's global institutional efforts and president of T. Rowe Price Global
Investment Services. "Importantly, we wanted to incept our local presence
with a very high calibre and well respected individual. We are proud to
have Wendy on our team."
Founded in 1937, Baltimore-based T. Rowe Price Group (Nasdaq: TROW) is
a global investment management organization with US $334.7 billion (CDN
$389.5 billion) in assets under management as of December 31, 2006. T. Rowe
Price provides a broad array of separate account management, sub-advisory
services, and mutual funds for institutional and individual investors,
financial intermediaries, and retirement plans. T. Rowe Price's
disciplined, risk-aware investment approach focuses on diversification,
style consistency, and fundamental research. More information is available
at http://www.troweprice.com/institutional.
SOURCE T. Rowe Price
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Related links:
http://www.troweprice.com/institutional
http://www.troweprice.com
CONTACT:
Brian Lewbart, +1-410-345-2242, or Flemming
Madsen, +1-410-345-2388, both of T. Rowe Price
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