T. Rowe Group Inc. reported on Tuesday assets under management grew by 17 percent last year to $991 billion — including a jump of 5 percent in the fourth quarter alone — as both the U.S. stock market and emerging markets continued to soar. CEO William J. Stromberg credited the Baltimore-based investment firm’s push to actively manage investments and a broadening of its products and distribution efforts for net flows to funds and organic growth reaching the highest annual levels since 2012. Reflecting…
from https://www.bizjournals.com/baltimore/news/2018/01/30/t-rowe-price-sees-big-2017-gains-in-assets-under.html?ana=RSS&s=article_search
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