T. Rowe Price has added a new role of ESG enablement, hiring a former BlackRock leader who helped build the company’s sustainable product strategy for its active funds.
Joining the Baltimore-based firm is Poppy Allonby, who will work out of T. Rowe’s London office beginning June 6, the company announced Thursday.
In the new position, Allonby will help execute the company’s ESG strategy at a high level, reporting to head of global equity Eric Veiel, and “will oversee the firm’s corporate ESG positioning, global ESG product range, regulatory engagement and go-to-market approach,” the company stated.
At BlackRock, Allonby developed and delivered the sustainable product strategy for its active investment business. She also had responsibility for product strategy, development and structuring, with investment oversight for more than $970 billion in assets under management across more than 1,000 funds, the company noted.
Allonby is also on the external advisory board of MIT’s Energy Initiative.
This story was originally published on ESG Clarity.
Commonwealth Financial joins a number of firm that have recently cut jobs.
A slow drip of disclosures, an executive exit, and a stock that fell hard before the suit landed
New research finds unpaid caregivers are more likely to struggle with debt, lower savings and diminished retirement confidence than non-caregivers.
Large broker-dealers and registered investment advisors have, since 2020, been developing or sticking to strategies and tactics to combat the pain of intense, short-term market volatility
Centaurus Financial touts its independence as a key selling point at a time when many firms are being swallowed up.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
