Wealth Manager - Essential news for investment professionals

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Buck departs T. Rowe Price LatAm fund

Buck departs T. Rowe Price LatAm fund

Jose Costa Buck has left T. Rowe Price, where he managed its £570 million Latin American Equity fund, Wealth Manager can reveal.

Buck has been succeeded by Verena Wachnitz, who has worked on T. Rowe Price’s Latin America equity investment research team for more than 10 years.

Within that team, Wachnitz had responsibility for the telecommunications, financials, materials, and real estate sectors; she also covered nine companies that represented 30% of the fund’s assets.

Over the past three years the Sicav version of the strategy has lost 30.5%, compared with an average fall of 29.2% from its peer group, although on a five-year view it has still returned 91.1% against a sector average of 71.8%.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Related Fund Managers

Citywire TV
Play Sarasin’s Boucher: why I like salmon with chocolate

Sarasin’s Boucher: why I like salmon with chocolate

Henry Boucher, manager of the £129 million Sarasin Food & Agriculture Opportunities fund, explains why he is gobbling up salmon and chocolate stocks.

Play Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Libby Ashby and leading wealth managers analyse what the Alibaba IPO hype means for Chinese equities, slowing growth of the UK economy and whether there’s anything left to play for in the European sovereign bond market.

Play Tesco, Japan and the rise of the central banker

Tesco, Japan and the rise of the central banker

 Libby Ashby and leading wealth managers scrutinise the food retail sector, Japan’s consumption tax hike and political risk in the markets.

Your Business: Cover Star Club

Veteran banker boosts Sanlam’s stockbroking team

Veteran banker boosts Sanlam’s stockbroking team

A veteran private banker has been recruited by Sanlam Private Investments to strengthen its advisory stockbroking team.

Wealth Manager on Twitter