The former UK head of multi asset investments for Axa Investment Managers has joined T. Rowe Price’s asset allocation business.
Yoram Lustig (pictured) joins the US firm in London as head of multi-asset solutions for Europe, Middle East, and Africa.
T. Rowe said it is expanding its $250 billion (€222.3 billion) multi-asset solutions business globally and had also appointed Lowell Yura as head of multi-asset solutions for North America.
Both report to Peter Austin, head of multi-asset solutions and a member of T. Rowe Price’s asset allocation investment team.
Prior to Axa IM, Lustig was head of multi-asset funds for Aviva Investors in London and has extensive experience in the design of investment solutions, including absolute return, inflation-plus, risk managed and environmental, social and governance strategies.
Yura was most recently managing director and head of multi-asset solutions for BMO Global Asset Management in Chicago and has also been head strategist, Americas and UK, for global investment solutions at UBS Global Asset Management.
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