T. Rowe Price has appointed Colin McQueen to its global equity team, effective 1 July 2019.
McQueen will become lead portfolio manager for T. Rowe Price's International Value Equity Strategy. This proposition is currently run by Sebastien Mallet, manager of T. Rowe Price's Global Value Equity Strategy. Mallet, who took on the additional responsibility for the International Value Equity Strategy in July 2018, will work closely with McQueen to facilitate a smooth transition of portfolio management responsibilities.
He will report to Chris Alderson, head of International Equity and co-head of Global Equity at T. Rowe Price, as well as Mitchell Todd, co-head of EMEA Equity.
With almost 30 years of investment experience, McQueen joins from Sanlam Investments - formerly Sanlam FOUR - the UK-based asset management investment arm of Sanlam, the South African diversified financial services group. At Sanlam, he led the global equity team, with portfolio management responsibility for two value-based global equity funds.
Before joining Sanlam, he was head of Global Value Equities at Morgan Stanley Investment Management and a global value equity portfolio manager at UBS Global Asset Management.