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T Rowe Price executives have backed their new Australian equity fund against local competitors and boutiques, citing the funds ability to leverage global resources.
Director for T Rowe Price Australia and New Zealand Murray Brewer said international collaboration is one of the fund's key advantages, and would ensure they deliver better outcomes because half of Australian companies derive 50 per cent of revenue offshore.
Insight into successful Australian growth companies required firsthand knowledge of overseas competitors and markets because...