We are a carefully run business with a solid balance sheet. This stability helps us to maintain a long-term view and to continually reinvest in our business so that we can serve our clients.
The principles of Thomas Rowe Price Jr. are as relevant today as they were when T. Rowe Price was founded. His belief in the value of a long-term approach has enabled the company and our clients to weather many storms over the years. We have knowledge of multiple market cycles and can bring significant experience to bear on every investment decision. Our commitment to our forward-looking research has kept our clients portfolios on the right side change. We have a good record of anticipating market events. For example: - In 2000 we were widely criticized for avoiding the tech craze…until the crash came, - And in 2006 we abandoned subprime debt market well before the crash.
Thomas Rowe Price Jr. launched an asset management business during the Great Depression.
Growth Stock Fund, and first institutional client. Thomas Rowe Price Jr. is often considered “the father of growth investing”
New Horizons Strategy– pioneering US small cap fund
New Era Strategy – first dedicated natural resource investment strategy in the industry
London office, heralding an era of expansion for global research
Criticized for avoiding tech craze – until the crash
Continuing to innovate for clients, we launch the first US Target Date retirement fund
Abandoned subprime debt market well before the crash
Offices in 16 countries, over 7,100 associates worldwide, US$1,081.7 billion AUM*
All figures as at 31 March 2019. Firmwide AUM includes assets managed by T. Rowe Price Associates, Inc. and its investment advisory affiliates.
Our continued investment in our research team and the success they have delivered for our clients has driven continued growth in the assets we manage for our clients.
* All figures as at 31 March 2019. Firmwide AUM includes assets managed by T. Rowe Price Associates, Inc. and its investment advisory affiliates
82% of our SICAV funds with a 10 year track record have outperformed their Morningstar Category Median* As of 31 March 2019
Past performance is not a reliable indicator of future results. *As at 31 March 2019. © 2018 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. The outperformance figures are based on rankings of our A share classes where available and I share classes for those funds that do not have an A share class.