PGIM appoints MAM wholesale head for new role
PGIM has appointed Benjamin Price to the newly-created role as managing director and head of Australia Wealth.
Based in Sydney, Price joined PGIM from Macquarie Asset Management where he was head of wholesale in Australia and he had almost 20 years’ experience in the industry.
He would be responsible for developing and implementing PGIM’s wealth distribution strategy for the Australian intermediated wholesale advice market, particularly those who work with high net worth and sophisticated investors.
Cameron Sinclair, managing director for PGIM institutional relationship group for Australia and New Zealand, said: “PGIM is thrilled to welcome Ben to help drive our expansion into the Australian wholesale market.
“The step into wholesale for PGIM naturally follows the evolution of financial advice over recent years, the growth of Australia’s private wealth segment, and changes to how clients are constructing and implementing their portfolios.
“The global scale of PGIM, paired with the unique mix of both public and private market investment capabilities across regions, places PGIM in a strong position to listen to our clients and bring them thoughtful solutions that solve their problems. Ben’s expertise as well as his deep and entrenched relationships with peers and clients will drive positive outcomes for us going forward.”
AUTHOR
Laura Dew
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