The investment team for one of T. Rowe Price Group Inc.’s funds says they are seeking to “learn from our missteps” in the aftermath of failed investments in WeWork that caused “outsized headaches and disappointments.” Baltimore-based T. Rowe Price is normally quite secretive about specific investments. But in a rare move, the fund giant offered a detailed account of what happened with its investment in WeWork in an annual report published by T. Rowe Price’s Mid-Cap Growth Portfolio. The report is…
from https://www.bizjournals.com/baltimore/news/2020/02/14/a-terrible-investment-t-rowe-price-fund-labels.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/190828699197
No comments:
Post a Comment