Despite a strong fourth quarter that saw assets under management and investment fees surge, T. Rowe Price Group Inc. still plans to follow a more conservative strategy than some its peers.
It wants to pursue moderate international growth and has no plans to follow the pack into actively managed exchange-traded funds, James A.C. Kennedy, the money manager’s chief executive officer and president, said in an interview Thursday. “I’d say we don’t have anything phenomenal planned,” he said. “Don’t expect dramatic moves from us. We want to be continuous and not move with fits and starts.”
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access