Loefstrand and Oyegunle to take on T. Rowe Price Frontier and MEA funds as Bell promoted

Bell promoted to the newly created role of associate head of international equity

Johannes Loefstrand and Seun Oyegunle are set to take on full management responsibilities for T. Rowe Price’s Frontier Markets Equity and Middle East and Africa Equity funds respectively, with incumbent manager Oliver Bell promoted to the newly created role of associate head of international equity.

From 1 August Loefstrand and Oyegunle will take on co-manager responsibilities for their respective funds before becoming portfolio managers from 1 January 2021. Both will be further supported by T. Rowe Prices' broader emerging markets and global equity fundamental research platforms. A tale of two sectors: The future of frontier and small emerging markets Managed by Bell since 2014 and sitting in the IA Specialist sector, the $124m AUM T. Rowe Price Frontier Markets Equity fund is up 16.1% over five years, but is down 19.8% and 16.8% over one and three years respectively, according ...