NasdaqGS:TROWCapital Markets
T. Rowe Price (TROW): Assessing Valuation After AUM Growth and Strategic Expansion into Insurance and Alternatives
T. Rowe Price Group (TROW) just shook things up by announcing a wave of senior hires for its insurance division, following its report of 6.9% year-over-year growth in assets under management and a quarterly dividend declaration. The spotlight is not just on these new roles; the real story is how the firm continues to evolve its business by expanding into insurance and alternatives, while still leveraging its core retirement franchises such as target-date funds. For investors weighing their...