08.21.2017

T. Rowe Price To Pay For Research

08.21.2017
Shanny Basar

T. Rowe Price Group announced today that effective January 3, 2018, it will pay for third-party investment research used by its U.K.-based investment manager, T. Rowe Price International Ltd, which is subject to the European Union’s Markets in Financial Instruments Directive II (MiFID II) regulation.

Rob Sharps, Co-Head of Global Equity and Group Chief Investment Officer, said: “T. Rowe Price has more than 500 investment professionals globally, including more than 250 investment analysts, and is well-known and well-respected for its internal global research platform.  In recent years, we have continued to invest in our alpha-generating capabilities around the globe by adding analysts focused on fundamental research, quantitative research, corporate governance, socially responsible investing, and corporate access. The supplemental third-party research we receive complements our own proprietary research.”

“With this decision, we have ensured that our clients’ best interests are protected while preserving our globally collaborative investment process and our access to important third-party research.”

Source: T. Rowe Price Group

Related articles

  1. Tradeweb Draws Buy Side in Europe

    Net sales registered net outflows of €3bn, compared to €42bn in March 2022.

  2. Justin Chapman will lead the Digital Assets and Financial Markets group.

  3. BNP Paribas Asset Management launched its first European ESG ETF Barometer survey.

  4. By Greta Zhou and Andy Cheung, APAC AES, Credit Suisse

  5. The ETF provides a way for investors to potentially profit from a decline in the price of bitcoin.