CANADA - T. Rowe Price announced plans to open an institutional office in Toronto, to be headed by Watson Wyatt's Wendy Brodkin.
Brodkin has been appointed director of Canadian business development and client service, and will lead T. Rowe’s efforts to serve institutional investors throughout Canada. She will join in late February.
Brodkin worked previously as practice leader of investment consulting central Canada with competitor Watson Wyatt Worldwide.
T. Rowe Price Global Investment Services CEO Todd Ruppert said the Canadian market had underwent significant changes in recent years, and claimed there was good alignment between what clients were looking for and what T. Rowe Price could deliver.
“Hence our desire to expand our efforts in the market at this time,” said Ruppert.
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