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T. Rowe Price Group Announces CEO Succession Plan And Key Leadership Transitions

T. Rowe Price Group Announces CEO Succession Plan And Key Leadership Transitions
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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US growth stocks unlikely to be troubled by short-term inflation EJINSIGHT

Taymour Tamaddon
July 27, 2021 08:59
Optimism surrounding the nascent U.S. economic recovery following one of the deepest downturns in history has been tempered in recent months by a sharp rise in inflation. Annual consumer price index (CPI) inflation in the U.S. soared to 5.4% in June well above the Federal Reserve’s 2% target raising concerns that earlier-than-anticipated policy action might be necessary. This prospect has prompted a rise in equity market volatility, with growth-oriented stocks coming under particular pressure. However, we do not anticipate inflation moving to a consistently higher level over the longer term. As such, we maintain a positive longer-term outlook for growth companies and their ability to grow free cashflows over time. ....

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All-Cap Fund Uses Framework to Spot Beneficiaries of the Reopening - The Wall Street Transcript

All-Cap Fund Uses Framework to Spot Beneficiaries of the Reopening
Justin P. White, CFA, is Portfolio Manager at T. Rowe Price’s US Multi-Cap Growth Equity Strategy. That includes the T. Rowe Price All-Cap Opportunities Fund, in the U.S. Equity Division. He is chairman of the Investment Advisory Committee of the US Multi-Cap Growth Equity Strategy and a vice president and an Investment Advisory Committee member of the US Large-Cap Core Equity, US Structured Research Equity, US Growth Stock, US Large-Cap Core Growth Equity, US Mid-Cap Growth Equity, US Mid-Cap Value Equity, and Communications and Technology Equity Strategies. He graduated from Dartmouth College. He majored in applied mathematics and economics. He was elected to the Phi Beta Kappa honor society. He also received an MBA from Dartmouth’s Tuck School of Business. Profile ....

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T. Rowe Price appoints new president and chief investment officer

T. Rowe Price Group named Rob Sharps as its new president Thursday, setting him up as the possible future successor to Bill Stromberg, who remains CEO and chairman of the Baltimore investment firm’s board. ....

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