- Definitely not participating in the rally this year is T. Rowe Price (NASDAQ:TROW), down 10% since Jan. 1 as investors fret over the future of traditional asset management.
- Management, meanwhile, is on the offensive, says Jefferies' Dan Fannon. But even if new product development and investments in technology pay off, it will be ex-U.S. business that decides whether the company can hit its target of 1-3% organic growth. He notes just 6% of company assets come from clients living outside the U.S.
- Source: Crystal Kim in Barron's
T. Rowe Price: Ready to Rumble? - Barron's
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Symbol | Last Price | % Chg |
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TROW | - | - |
T. Rowe Price Group, Inc. |