Investments

T. Rowe Price Names Co-Manager on Successful Asian Equity Capability

Jihong Min to take on the role of co-portfolio manager on Asia Opportunities Equity strategy from 1 July 2021.

T. Rowe Price, the USD1.59 trillion global asset manager, has announced that investment analyst Jihong Min will take on the role of co-portfolio manager on its Asia Opportunities Equity strategy from 1 July 2021. Min will work alongside Eric Moffett on this high conviction Asian ex-Japan equity portfolio.

As previously announced, Moffett and Malik Sarmad Asif were recently appointed as co-portfolio managers on T. Rowe Price’s Emerging Markets Equity strategy from 1 April this year – alongside long-tenured portfolio manager Gonzalo Pángaro. Moffett will take over as lead portfolio manager on the Emerging Markets Equity strategy at the beginning of 2022, upon the retirement of Pángaro.

With Moffett assume portfolio management responsibility of the Emerging Markets Equity Strategy from the start of next year, Min will assume full portfolio manager responsibilities of the Asia Opportunities Equity strategy from 1 April 2022. Over the lengthy transitional period of the Asia Opportunities Equity strategy, Min and Moffett – who are both based in T. Rowe Price’s Singapore office – will continue to work collaboratively on investment decisions and idea generation, as well as day-to-day portfolio management.

Min, who has 18 years of investment experience, joined T. Rowe Price in 2012 and has built up a strong long-term track record as an analyst covering Asian financials. He has worked with Moffett since the Asia Opportunities Equity strategy’s inception in 2014.

 

Justin Thomson, Head of International Equity and Co-Head of Global Equity at T. Rowe Price, comments: “As an analyst across Asian financials, Jihong has made a significant contribution to the long-term alpha generated by our Asia Opportunities Equity strategy. With an intimate knowledge of the Asian economic landscape, the region’s diverse equity markets, as well as a deep understanding of credit cycles, Jihong is a natural choice to step into the portfolio manager role. The Asia Opportunities Equity strategy’s investment philosophy – with a resolute focus on quality companies offering sustainable earnings and cash flow growth potential – will remain intact beyond the transition. We are extremely pleased to have a talented investment professional like Jihong broadening his responsibilities within the team overseeing this growing capability.”