T. Rowe Price and FEAL launch leadership program
Global asset manager T. Rowe Price has teamed up with professional development group for the super industry Fund Executives Association Ltd (FEAL) to launch a leadership program for the funds management industry.
Called the National Resilience Program, the initiative will include keynotes at FEAL events, workshops, online materials and a resilience scholarship awarded to the fund that shows commitment to personal growth and learning within the organisation.
"Executives in super funds have had an unprecedented level of change thrust upon them in recent years including regulatory change, fee pressures, and volatile market conditions," FEAL CEO Joanna Davison said.
"The increasing incidence of stress in our lives affects our ability to perform on a sustainable basis."
The leadership team of the fund that wins will get a full day workshop on resilient leadership, led by CEO of strategic leadership development firm Rezilium Kamal Sarma.
T.Rowe Price head of relationship management in Australia and New Zealand Murray Brewer will work with Sarma in the workshop.
Recommended for you
The firm has appointed Aware Super’s Damian Graham as group chief investment officer to unify its life and funds management teams.
Ethical super fund Australian Ethical has announced the appointment of Anthony Lane as chief operating officer.
The structural shift towards active ETFs will reshape the asset management industry, according to McKinsey, and financial advisers will be a key group for managers to focus their distribution.
ASIC has warned that practices across the $200 billion private credit market are inconsistent and, in some cases, require serious improvement.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
225.31 3 y p.a(%)
2
Loftus Peak Global Disruption Fund Hedged
120.73 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
72.47 3 y p.a(%)
4
Paradice Australian Mid Cap A
69.09 3 y p.a(%)
5
Global X Ultra Long Nasdaq 100 Complex ETF
61.94 3 y p.a(%)
