Fund selector and manager research analyst John Gray has left Citi Private Bank to join T. Rowe Price, Citywire Americas has learned.
Gray had spent the last six years at Citi and officially joined the Baltimore-based asset manager’s US intermediaries portfolio construction unit on July 17 as an analyst, a T. Rowe Price spokesperson confirmed.
The portfolio construction unit is a team of client-facing investment strategists and analysts that provides analytical services, conducts research, and develops intellectual capital related to portfolio construction.
In his new role, Gray will be responsible for supporting analytical services to help advisors rationalize their holdings as well as build and optimize their model portfolios.
He will be based in Baltimore and report to John Escario, vice-president and senior manager of the portfolio construction team.
At Citi, Gray was a third-party equity manager researcher who carried out analysis on US and offshore mutual funds as well as ETFs and separately managed accounts for use in client portfolios. He focused mainly on global and US large cap equity strategies and worked in the team led by Aimei Zhong, the group’s global head of equity investment manager research.
He joined the group in Wilmington, Delaware, in January 2011 as a due diligence analyst and was appointed a manager researcher in August 2015.