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Rating:Delaware's Parent Hires a T. Rowe Bigwig Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, February 2, 2016

Delaware's Parent Hires a T. Rowe Bigwig

News summary by MFWire's editors

A top T. Rowe Price veteran is joining Delaware Investments' [profile] parent company.

Ben Bruck
Macquarie Investment Management, Delaware Investments
Global Head, Chairman respectively
Ben Bruck, global head of Macquarie Investment Management, confirms that, effective April 4, Dominic Janssens will become global chief operations officer for MIM, based in MIM's global headquarters in Philadelphia. MIM's operational groups in Sydney and Delaware's operational groups in Philadelphia will all fall under Janssen's purview. Janssens will report to Bruck.

Lily Katz of Bloomberg reported on the news.

Janssens most recently served as director of global investments and institutional client services at Baltimore-based T. Rowe. He previously worked at SSgA and Deutsche Asset management, and he is an alumnus of Aston University.

"Dominic will be a key player as we seek to deliver a global client experience to all MIM clients, regardless of where they are located," Bruck states. "To achieve this, we will look to apply the best practices from all of our regional groups toward one global asset management platform. I'm confident he will make an immediate impact across the firm."

MIM is the investment management arm of Macquarie Group, a 47-year-old Australian multinational that does advisory, banking, and other financial services work, as well as investment management. (Bloomberg reports that Macquarie is the largest investment bank in Australia.) As of September 30, MIM had $A351.2 billion (about $248 billion in U.S. dollars) in AUM. All of Macquarie had $354 billion (in U.S. dollars) in AUM on September 30. 

Edited by: Neil Anderson, Managing Editor

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