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Tag Archives: William Stromberg

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 Stromberg: Restricting 401(k) plans a ‘bad thing for our country’

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

T. Rowe Price will be watching, along with other money managers, as Congress weighs reducing how much of their tax-exempt wages employees can contribute to their 401(k). Final details of the plan have not been released and President Donald Trump has ...

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