Capital Group has hired an ex-T. Rowe Price veteran with more than 30 years of industry experience.
Capital Group has appointed Murray Brewer to the newly created role of head of Australia client group, effective 1 July 2021, the firm announced in a satement on Friday.
Based in Sydney, he will report to Guy Henriques, head of Europe and Asia client group.
Murry was most recently serving as director, country head of distribution, Australia and New Zealand for T. Rowe Price, and was previously director and head of distribution at Schroders Australia. He began his career at Lloyds Bank, followed by Westpac and then AMP Asset Management where he was head of multi manager segment.
More Local Service Offerings
The appointment is part of a firm-wide strategy to expand the depth and breadth of its local service offerings in the markets Capital Group serves globally, Henriques said
The company had assets under management of more than $2.3 trillion as of 31 December 2020. It has 400 investment professionals across its six Asia Pacific offices in Hong Kong, Mumbai, Shanghai, Singapore, Sydney and Tokyo.