T. Rowe Price

T. Rowe Price Group, Inc. (NASDAQ: TROW) is one of the world's largest and most respected active investment management firms, managing approximately $1.6 trillion in assets for individual and institutional investors globally through a comprehensive range of equity, fixed income, multi-asset, and alternative investment strategies. Founded in 1937 by Thomas Rowe Price Jr. — a pioneering advocate of growth stock investing who developed the investment philosophy of seeking companies with superior long-term earnings growth — T. Rowe Price has maintained its commitment to disciplined, research-driven active management through more than 85 years of continuous operation spanning many market cycles, investment style cycles, and industry evolution. According to its website at troweprice.com, the firm's independence, active management philosophy, and long-term investment orientation have sustained its competitive relevance and investment performance through decades of change in the global investment management landscape.

T. Rowe Price's investment capabilities, described at troweprice.com, encompass actively managed U.S. and international equity strategies across large, mid, and small-cap growth and value approaches; fixed income strategies spanning investment-grade, high yield, emerging markets, and multi-sector fixed income; multi-asset strategies including the widely held T. Rowe Price target date retirement fund series that manages hundreds of billions for retirement investors in defined contribution plans; and an expanding alternatives platform including private equity, private credit, and real assets strategies that extend the firm's active management capabilities into private markets. The firm's research organization — comprising more than 400 investment professionals globally who provide coverage of equities, credit, economies, and quantitative investment factors — generates the proprietary investment insights that drive active management decisions across T. Rowe Price's comprehensive strategy lineup.

T. Rowe Price's commitment to active management — at a time when passive index investing has captured an ever-larger share of global investment assets — reflects the firm's enduring conviction that rigorous fundamental research, experienced investment judgment, and long-term investment discipline can generate outperformance over full market cycles that justifies the costs of active management relative to passive alternatives. According to troweprice.com, the firm's target date retirement fund leadership — providing millions of American retirement savers with professionally managed age-based asset allocation through hundreds of employer-sponsored retirement plan relationships — represents a distinctive and socially significant dimension of its business that connects active investment management expertise with the long-term retirement security of individual Americans. T. Rowe Price's combination of $1.6 trillion in AUM, 85-year active management heritage, global research infrastructure, target date retirement leadership, and independent public company structure establishes it as one of the world's most significant and respected active investment management organizations.