Introducing the Investment Managers
Kenneth Orchard
Head of International Fixed Income
Kenneth is the portfolio manager for the Global Multi-Sector Bond and Diversified Income Bond Strategies and co-portfolio manager for the International Bond and Global Aggregate Bond Strategies at T. Rowe price. Kenneth is a member of the Fixed Income Steering Committee and the European and UK Asset Allocation Committees. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price International Ltd. Kenneth’s investment experience began in 1998, and he has been with T. Rowe Price since 2010, initially as a sovereign analyst and with responsibility for the European macro-outlook, then joining the global fixed income portfolio management team in 2013. Prior to this, Kenneth was employed by Moody’s Investors Service as a senior credit officer in the sovereign group, and he was involved in designing and improving aspects of the sovereign rating methodology.
Kenneth began his career at HSBC Asset Management in Canada. He also worked at Emerging Markets Economics as a consulting economist. Kenneth earned a B.A. in international relations from the University of British Columbia and an M.Sc. in public financial policy from the London School of Economics. He also has earned the Chartered Financial Analyst® designation. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
T.Rowe Price
Vincent Chung
Portfolio Manager - Fixed Income Division
Vincent is a co-portfolio manager for the Diversified Income Bond Fund and the Global Aggregate Bond Strategy at T. Rowe Price. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price International Ltd. Vincent’s investment experience began in 2014, and he has been with T. Rowe Price since 2019, beginning in the Fixed Income Division. Prior to this, Vincent was employed by Observatory Capital Management LLP as an investment analyst, focusing on emerging market sovereign and corporate debt. Vincent also was employed by the Royal Bank of Scotland as an analyst in the markets division. Vincent earned an M.S., first-class honours, in physics from Imperial College London. He also earned the Chartered Financial Analyst® designation. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
T.Rowe PriceInvestment Policy
The Fund will obtain global exposure by investing at least 70% in a broad range of sterling-denominated (or hedged back to sterling) debt instruments, which may include developed and emerging market government bonds, inflation-linked bonds, investment grade and high-yield corporate bonds.
The Fund may also obtain exposure to transferable securities, money market instruments, collective investment schemes, cash, near cash and deposits. No more than 10% of the Fund will be invested in other collective investment schemes. Derivatives may be used both for investment purposes and for efficient portfolio management.