A Star Manager Is Leaving T. Rowe Price

Star portfolio manager Henry Ellenbogen will leave T. Rowe Price Group Inc. next month. Ellenbogen will no longer manage T. Rowe Price's $21.9 billion New Horizons Fund or serve on the fund's investment advisory committee, effective March 31, accordin.....»»

Ellenbogen, manager of the T. Rowe Price New Horizons fund and a noted investor in private tech start-ups, will be succeeded by Josh Spencer.....»»

Scott Berg of T. Rowe Price has been successful following a 'durable quality growth' strategy......»»

T. Rowe Price Group Inc. will donate $500,000 to nonprofit organizations across the U.S. and in Greater Baltimore, becoming the latest large local employer to contribute funds in the wake of the COVID-19 pandemic. The Baltimore-based money manager w.....»»

Eddie Brown’s accomplishments are the stuff of legend on Wall Street, never mind just here in Baltimore. The U.S. Army veteran, trained electrical engineer and former T. Rowe Price portfolio manager has grown his firm, Brown Capital Management, fr.....»»

Electric vehicle startup Rivian said on Monday it closed a $1.3 billion investment round, led by fund manager T. Rowe Price but also including existing investors online retailer Amazon.com Inc and No. 2 U.S. automaker Ford Motor Co......»»

Utilities aren’t just a defensive play, they will offer among the best return of any sector over the long term, one asset manager says......»»

Economic uncertainty has held back value stocks, but fund manager Heather McPherson of T. Rowe Price Group Inc sees plenty of opportunity to scoop up undervalued shares, including in the financial and utilities sectors......»»

T. Rowe Price Group Inc. CEO William J. Stromberg received a 12 percent increase in pay after steering the money manager to another year of increased revenue and earnings. Stromberg's compensation totaled $13.1 million in 2018, up from $11.7 millio.....»»

Despite a volatile first quarter that saw the stock market slip, T. Rowe Price Group grew its assets under management and saw revenue rise 17 percent. The Baltimore money manager reported earnings rose 17.6 percent to $453.7 million in the quarter, or.....»»

US-based asset manager seeks extension of Leo Puri's tenure as managing director.....»»

T. Rowe Price Group Inc. led a $125 million funding round for Rover.com, the money manager's latest investment into a growing online tech company. Rover.com is an online marketplace for pet care services like dog walking and pet sitting. Owings Mills v.....»»

T. Rowe Price Group Inc. will close its Tampa, Florida, operations center next year as it steps up its efforts to become more digital. The Baltimore money manager announced Wednesday that it will not be renewing its office lease at 4211 W. Boy Scout Bl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The asset manager lifted its stake to 10.2% in the third quarter and now stands as the electric-car maker’s second-largest holder......»»

A five-star fund manager makes the case for old-fashioned value investing......»»

T. Rowe Price Group, Inc. (TROW) is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It la.....»»

T. Rowe Price asset allocator and fund manager Charles Shriver also likes emerging market stocks and debt, but is wary of energy shares.....»»

Elly Price is one of LBF’s Family Business Awards Rising Star/Next Gen honorees......»»

I stayed in a mountain-view hotel room at the Taj Cape Town in South Africa. The amenities, food, and attentive staff made the $1,900 price w.....»»