The asset management firm is adding a new head of consultant support for Australia and New Zealand as it grows its business in the region.

T. Rowe Price has hired Cassandra Crowe to the newly created specialist role of head of consultant support for Australia and New Zealand, the Baltimore-based firm said in a press release on Wednesday.

Crowe joins from Allianz Retire+, where she was head of consultants and research. She was previously an investment specialist and research manager at NAB Asset Management and at Dimensional Fund Advisors in London.

In her new role based in Sydney, Crowe will work with the firm's business development and investment teams on strengthening engagement with consultants, researchers, platforms and advocacy groups in Australia and New Zealand's retail and institutional markets. She reports to London-based Nick Slater, head of EMEA and APAC consultant relations.

Expanding Capabilities and Services

The new role complements the firm's strategy to «expand its investment capabilities and investment management services to meet new and changing needs of investors and retirees,» the release said.

«Over the last 10 years, our investment, sales and operations staff have worked hard to significantly grow T. Rowe Price’s footprint in the local market. This has allowed us to further expand our business to provide specialist support to consultants and researchers,» Murray Brewer, Australia and New Zealand distribution head, said about the appointment.