Openwork has selected T. Rowe Price portfolio manager Jeff Rottinghaus to run its Omnis US Equity fund, which forms part of its multi-asset strategies, replacing BNY Mellon.
From 7 August, Rottinghaus, portfolio manager in the US equity division of T. Rowe Price and president of its US large-cap core equity and growth & income equity strategies, will take over the £510m mandate, which is managed to a specific criteria determined by Omnis. It was launched in February 2014 and previously ran by BNY Mellon affiliate The Boston Company and managed by Elizabeth Slover. T. Rowe Price adds trio to UK intermediary team Omnis, which has £4.9bn in assets under management, offers multi-asset model portfolios to Openwork advisers built with sector funds fro...
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