Thursday, October 27, 2016

T. Rowe Price CEO Stromberg on the election, markets and active investing

William J. Stromberg isn’t worried about the presidential election and thinks active portfolio management can still be beneficial to investors. I had the chance to talk to Stromberg, CEO of T. Rowe Price Group Inc., after the Baltimore-based money manager reported a $327.8 million third-quarter profit, beating Wall Street’s expectations. Stromberg remains somewhat bullish about the fourth quarter and beyond, saying he expects “modest” returns on its assets. He also remains high on active management.…



from http://www.bizjournals.com/baltimore/news/2016/10/27/t-rowe-price-ceo-stromberg-on-the-election-markets.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/152390365692

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