T. Rowe hires former AXA IM multi-asset head for EMEA role

Also made hire in North America

T. Rowe Price has hired Yoram Lustig, former head of multi-asset investments UK for AXA Investment Managers, as head of multi-asset solutions for its Europe, Middle East and Africa business.

Based in London, he will be reporting to Peter Austin, head of multi-asset solutions and a member of T. Rowe Price's asset allocation investment team. Lustig worked at AXA IM for over four years, and was also previously head of multi-asset funds at Aviva Investors and head of portfolio construction at Merrill Lynch. In addition, T. Rowe Price has recruited Lowell Yura as head of multi-asset solutions for North America, based in Baltimore. He was most recently managing director and head of multi-asset solutions for BMO Global Asset Management in Chicago, and prior to that managing d...