Deals and People

Retirement Industry People Moves

By Javier Simon | May 12, 2017
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T. Rowe Price Expands DCIO Business

Heidi (Walsh) Delauter and Victoria Fung are now senior defined contribution plan specialists with the North American Global Investment Services division of T. Rowe Price. Delauter will be based in Baltimore and support clients in the northeast; meanwhile, Fung will be based in San Francisco and support clients across the western U.S. 

Delauter rejoins T. Rowe Price from J.P. Morgan Asset Management, where she served most recently as executive director and client adviser in the firm’s defined contribution institutional group. Prior to her time at J. P. Morgan, she spent 15 years at T. Rowe Price, where her roles included vice president and director of consultant and adviser relations for the firm’s retirement plan services division. Delauter holds an undergraduate degree from Hood College and a master’s degree from the University of Maryland.

Fung comes to T. Rowe Price from BlackRock, where she was vice president and senior account manager of institutional sales within the firm’s defined contribution retirement group. Prior to her time at BlackRock, Fung worked with Fisher Investments where she was a client account coordinator and account executive. She holds an undergraduate degree from the University of California, Berkeley.

T. Rowe Price’s Global Investment Services division offers investment management services to institutional investors and financial intermediaries around the world.

“T. Rowe Price’s DCIO business is a significant priority for the firm,” says Michael Davis, head of defined contribution plan specialists for GIS. “Heidi and Victoria are great additions to our outstanding team of institutional defined contribution plan specialists, who channel the firm’s global defined contribution expertise to work with our clients in a strategic, solutions-oriented manner. We are excited to welcome them to T. Rowe Price, and in Heidi’s case, to welcome her back.”