NasdaqGS:TROWCapital Markets
T. Rowe Price Expands Into Alternative Credit With New OFLEX Fund
T. Rowe Price Group (NasdaqGS:TROW) and affiliate Oak Hill Advisors have launched the OFLEX multi strategy credit interval fund.
The OFLEX Fund is designed as an alternative credit strategy investing across public and private credit markets.
The interval fund structure targets a broad investor base by offering periodic liquidity alongside exposure to less liquid credit assets.
T. Rowe Price Group, trading around $88.8 per share, is expanding beyond its core mutual fund and ETF offerings...