Baltimore-based global investment management firm has added Craig Sidall, a veteran of institutional investment consulting and client management, as VP and consultant relations manager focusing on Canada.
Sidall, who has more than 20 years of industry experience, will be responsible for cultivating T. Rowe Price’s “relationships with investment consultants serving institutional investors” in the market sector, a Tuesday announcement said.
Chip Wendler, director of global consultant relations for the firm, said in his comments that Sidall’s “appointment is a continuation of our long-term measured expansion plan, as we build a significant presence in the Canadian marketplace.”
“With an attractive combination of in-depth market knowledge and strategic insights on pension and investment issues, Craig's perspective and approach will be valuable in strengthening our existing relationships with consultants and forging new relationships,” Wendler added.
Previously, Sidall held numerous executive positions within Russell Investments Canada. In a conversation this afternoon, a Russell spokesperson confirmed that Sidall, a former director of client service, did work at Russell Investments’ Toronto-based arm and was replaced by John Formusa. In August, Russell hired Formusa to be its new director of institutional investment solutions.
As further clarification, Formusa told IMW that Sidall was a senior level consultant, with a long tenure in the field. However, Formusa explained that it was not a “pure replacement” because he will touch on a broader role, where he will have a hand in the consulting business and in products.
Presently, the 73-year old firm manages roughly about $446.8 billion for corporations, public retirement plans, foundations, endowments, financial intermediarie, and sovereign entities, it said in the press release.