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Fund manager ‘resilience program’ launched

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Fund Executives Association Ltd (FEAL) and T. Rowe Price have launched training and support initiative aimed at fostering sustainable leadership in the funds management industry.

FEAL chief executive Joanna Davison said the initiative will “empower” members with skills and insights to operate as resilient leaders in an industry that has faced a series of changes in recent years.

“The increasing incidence of stress in our lives affects our ability to perform on a sustainable basis,” said Ms Davison.

“Executives in super funds have had an unprecedented level of change thrust upon them in recent years including regulatory change, fee pressures and volatile market conditions,” she said.

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Ms Davison said the program will held address these changes and issues and will provide support at a personal, organisational and industry level.

The program will comprise keynotes at FEAL events, workshops, online materials and a Resilience Scholarship awarded to the fund that has shown the most commitment to learning and personal growth within its organisation.

T. Rowe Price head of relationship management in Australia and New Zealand Murray Brewer said resilience training empowers people both personally and professionally.

“Investors place enormous trust in their superannuation funds and expect those who are responsible for them to perform resiliently over the long term,” said Mr Brewer.

“It is vital we embrace the tools and insights that best equip us to stay the course and deliver the best possible outcomes,” he said.