January 29, 2020
Comments Off on T. Rowe grows assets under management, profit in Q4, 2019
T. Rowe Price Group Inc. rode bond and stock market surges to post strong fourth-quarter results, especially compared to 2018’s fourth quarter, where the markets performed much worse. The Baltimore-based money manager grew its assets under management and increased profits ...
Tagged with: earnings T. Rowe Price Group
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T. Rowe Price Group Inc. plans to continue to invest in its workforce and infrastructure while expanding its presence in China, President and CEO William J. Stromberg said Wednesday while discussing the firm’s second quarter. The Baltimore-based investment advisory firm ...
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February 13, 2019
Comments Off on Stromberg to add chairman to titles at T. Rowe
William J. Stromberg will become chairman of the Board of Directors at T. Rowe Price Group this April, adding to his existing roles as the firm’s president and CEO. Stromberg will become chairman at T. Rowe’s annual meeting of stockholders ...
Tagged with: Brian Rogers T. Rowe Price Group William Stromberg
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January 30, 2019
Comments Off on T. Rowe saw assets under management fall amid market volatility
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 ...
Tagged with: T. Rowe Price Group William Stromberg
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October 25, 2018
Comments Off on T. Rowe reports increased profit, assets under management for Q3
T. Rowe Price Group reported increased profits and assets under management at the end of the year’s third quarter, up from last year’s third quarter.
Tagged with: T. Rowe Price Group William Stromberg
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August 27, 2018
Comments Off on T. Rowe’s ad campaign to take investors inside the company
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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July 25, 2018
Comments Off on T. Rowe reports increased profits and assets under management for Q2
T. Rowe Price Group Inc. posted its second straight strong quarter to start the year, bolstered by a robust market and tax changes at both the federal and state levels. The firm grew profits and assets under management in the ...
Tagged with: T. Rowe Price Group William Stromberg
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May 30, 2018
Comments Off on T. Rowe to close Tampa office next year, eliminating 150 jobs
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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May 3, 2018
Comments Off on T. Rowe Price’s Wiese to step down from leading fixed income team
T. Rowe Price Group announced Thursday that Ted Wiese is stepping down from his post as head of fixed income and will retire from the company next May after nearly 35 years with the firm. Andrew McCormick, head of the U.S. taxable bond ...
Tagged with: T. Rowe Price Group Ted Wiese
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April 26, 2018
Comments Off on T. Rowe approves board, increases dividend
T. Rowe Price Group Inc. announced a dividend increase and welcomed a new member to its board of directors at the Baltimore-based firm’s annual stockholders meeting Thursday.
Tagged with: Brian Rogers Edward Bernard T. Rowe Price Group William Stromberg
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