Morgan Stanley is stepping up its global efforts with the appointment of Paul Price as head of investment management international sales.

Price most recently served as global head of the institutional business at Pioneer Global Asset Management. Prior to that, he served as head of MFS Investment Management's non-US institutional business, with a focus on sovereign wealth funds in Japan, Australia, the Middle East, UK, Ireland and Asia. In his new role he will be based in London, where he will oversee the institutional and intermediary sales, consultant relations, and business development teams in Europe, the Middle East, Asia, Africa and Latin America.

Morgan Stanley IM has around 1,000 investment professionals worldwide and approximately $251 billion in assets under management as of 30 June 2010.