American Century Investments, a Missouri-based asset management firm, has set up a new office in Sydney, Australia. The new office is the firm’s third one located outside the US.
American Century Investments senior vice president and chief client officer Joe Schultz said: “Over the past decade, we’ve seen a strong level of interest in our strategies and approach in the Australian market, which we have been servicing through a team based in Hong Kong.
“Our Global Growth Equity strategy is well received by current clients and prospects, and we see significant interest in our Global Small Cap and Emerging Market Equity strategies. We also plan to introduce to the region our Emerging Market Debt and Global Fixed Income capabilities in the coming year.”
The asset manager has also named Michelle Kidd as the vice president of institutional advisory group, a newly created position.
Based in Sydney, Kidd will present the firm’s investment management capabilities to financial intermediaries and institutional investors in Australia. She will report to the firm’s head of Australia and New Zealand Elizabeth Trinh.
Kidd previously served as the director of Australian distribution at Affiliated Managers Group (AMG), and manager of research and institutional business at Investors Mutual.
“I’m delighted to welcome Michelle to the firm. Her experience in the institutional market in Australia will be key to continuing to build our capabilities and expanding our offering in the local market,” Trinh stated.