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Tag Archives: T. Rowe Price Group

T. Rowe saw assets under management fall amid market volatility

Bill Stromberg, president and CEO of T. Rowe Price. (File)

T. Rowe Price Group, Inc.’s assets under management fell amid a fourth quarter that reintroduced volatility to equity markets. The money manager’s assets under management fell $121.5 billion to $962.3 billion during a quarter that saw significant swings in the equity ...

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T. Rowe’s ad campaign to take investors inside the company

A T. Rowe Price report issued Tuesday cited lessening fears over slow global growth, the potential for rising inflation and interest rates in the U.S. and lingering concerns about China as key indicators that the year’s difficult start into a more promising finish. (File photo)

T. Rowe Price Group likes to tout its success as an active investor during its quarterly earnings reports, at annual meetings and in other corporate material. Facing competition from passive managers like BlackRock and Vanguard, the Baltimore-based firm is taking its ...

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T. Rowe to close Tampa office next year, eliminating 150 jobs

T. Rowe Price Group Inc. President and CEO William J. Stromberg speaks to stockholders at the company's annual meeting. (The Daily Record /Maximilian Franz)

T. Rowe Price Group Inc. plans to close the firm’s Tampa offices in June 2019 as part of a plan to focus on customers’ growing preference and improve operating efficiencies, the Baltimore-based company announced Wednesday. T. Rowe said around 150 positions will ...

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