PGIM appoints MAM wholesale head for new role

pgim macquarie mam hire

31 March 2022
| By Laura Dew |
image
image
expand image

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.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks 4 days ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

1 week 2 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

5 days 6 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

4 days 10 hours ago